The Age logo The Age 5 months ago

US jobless rate hits 26-year high

President Barack Obama described America's unemployment rate as ''sobering news'' after new figures showed it had reached a 26-year high, and that another 467,000 people lost their jobs during June - a big jump on May, which had brought hopes of a... Full Article at The Age

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  1. Barack Obama
  2. White House
  3. Federal Reserve

Related Articles

  1. The Age logo
    US unemployment figures surge
    5 months ago

    THE US has recorded its highest unemployment levels in 26 years a figure President Barack Obama described as "sobering news", raising new fears that rising unemployment is eating away at consumer confidence and undermining any chances of recovery late... Full Article at The Age

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  1. U.S. Secretary of State Hillary Rodham Clinton arrives at NATO headquarters ahead of a NATO foreign ministers meeting in Brussels, Friday, Dec. 4, 2009.
  2. WASHINGTON - DECEMBER 03: (L-R) U.S. President Barack Obama presses the button to light up the National Christmas Tree with daughters Malia and Sasha, and first lady Michelle during the annual National Christmas Tree lighting ceremony at the Ellipse December 3, 2009 in Washington, DC.
  3. WASHINGTON - DECEMBER 03: Detroit Mayor Dave Bing (L) participates in the Obama administration's Jobs and Economic Growth Forum in the Eisenhower Executive Office Building December 3, 2009 in Washington, DC.
  4. LAS VEGAS - DECEMBER 03: A general view of CityCenter during the grand opening of Tiffany & Co. , the first retailer to open at Crystals, the project's 500,000-square-foot retail and entertainment district, December 3, 2009 in Las Vegas, Nevada.
  5. Andrew Weibrecht, of the United States, catches his breath in the finish area after a training run for the men's World Cup downhill ski race on Thursday, Dec. 3, 2009, in Beaver Creek, Colo.
  6. NEW YORK - DECEMBER 03: (L-R) United Nations Secretary-General Ban Ki-moon, musician Stevie Wonder, H.E. Ms. Susan Rice, Permanent Representative of the United States to the UN and Mr. Kiyotaka Akasaka, Under-Secretary-General for Communications and Public Information attend the United Nations M...
  7. WEST POINT, NY - DECEMBER 01: U.S. President Barack Obama speaks in Eisenhower Hall at the United States Military Academy at West Point December 1, 2009 in West Point, New York.

Cast of Characters

  1. Barack Obama Barack Obama
  2. White House White House
  3. Federal Reserve Federal Reserve
  4. Ben Bernanke Ben Bernanke