The Age logo The Age 4 months ago

US unemployment figures surge

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

Related Topics:

  1. Barack Obama
  2. European Central Bank
  3. Gallup

Related Articles

  1. Lancaster Eagle Gazette logo
    We're not yet blaming Obama for unemployment
    4 months ago

    NOW it's getting personal. My wife was one of the 467,000 people around the country who lost their jobs in June. Two months earlier, my sister was let go from a banking job she'd worked for nearly two decades. Full Article at Lancaster Eagle Gazette

  2. Lebanon Daily Star logo
    Unemployment in euro zone countries hits 10-year high
    4 months ago

    LONDON: Unemployment in the 16 countries that use the euro spiked to a 10-year high in May, reinforcing concerns that any recovery will take time now with more than 15 million people are out of work. Full Article at Lebanon Daily Star

  3. The Age logo
    US jobless rate hits 26-year high
    4 months ago

    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

  4. Hindustan Times logo
    Euro zone unemployment hits 10-year high in May
    4 months ago

    Unemployment in the 16 countries that use the euro spiked to a ten-year high in May, reinforcing concerns any recovery will take time with so many people out of work. Full Article at Hindustan Times

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Related Quotes

  1. These job losses 467,000 [are] much more severe than had been expected — the expectation being around 360,000 in job losses — so the economy is still very clearly struggling at best
    – Hugh Johnson SOURCE: NPR 4 months ago
  2. Given that labor-market developments tend to lag behind those in the wider economy, unemployment almost certainly has considerably further to rise
    SOURCE: Lebanon Daily Star 4 months ago
  3. These job losses [are] much more severe than had been expected — the expectation being around 360,000 in job losses — so the economy is still very clearly struggling at best
    – Hugh Johnson SOURCE: NPR 4 months ago
  4. Shipments to Asian and other countries are down. Exports have slowed. There is less demand
    SOURCE: Columbus Ledger-Enquirer 4 months ago
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  1. File - In this Nov. 16, 2009 file photo, Wang Zifei, is seen at far right in the third row in the background while listening to President Barack Obama, left, answer questions during his town hall meeting at Shanghai Science and Technology Museum in Shanghai, China.
  2. WASHINGTON - NOVEMBER 25: (L-R) Malia Obama, first lady Michelle Obama, U.S. President Barack Obama and Marion Robinson hand out food at Martha's Table November 25, 2009 in Washington, DC.
  3. WASHINGTON - NOVEMBER 25: Malia Obama (2nd R), daughter of U.S. President Barack Obama (R), pats a turkey named 'Courage' as her sister Sasha (C ) and Walter Pelletier (L), Chairman of the National Turkey Federation look on during a presidential pardon at the North Portico of the White House Nov...
  4. WASHINGTON - NOVEMBER 24: Indian Prime Minister Manmohan Singh (L), accompanied by U.S. President Barack Obama (R), listens to the Indian national anthem as they participate in a state arrival ceremony in the East Room of the White House November 24, 2009 in Washington, DC.
  5. WASHINGTON - NOVEMBER 23: Secretary of State Hillary Rodham Clinton (L) listens along with Secretary of Commerce Gary Locke (R) and Secretary of Defense Robert Gates (2L) as U.S. President Barack Obama (2R) speaks at a cabinet meeting as at the White House on November 23, 2009 in Washington, DC.
  6. WASHINGTON - NOVEMBER 23: U.S. President Barack Obama smiles at an event highlighting initiatives designed to boost science, technology, engineering, and mathematics education at the Eisenhower Executive Office Building on November 23, 2009 in Washington, DC.
  7. WHEAT RIDGE, CO - NOVEMBER 21: Phil Wolf, owner of Wolf Automotive used car dealership, stands in front of a billboard on his auto lot on November 21, 2009 in Wheat Ridge, Colorado. Wolf paid $2,500 to have the billboard painted, and it has sparked controversy since it was put up the day before.
  8. HEYSHAM, UNITED KINGDOM - NOVEMBER 18: Warning signs and high fences surround Heysham Nuclear Power Station on November 18, 2009 in Heysham, England.
  9. SEOUL, SOUTH KOREA - NOVEMBER 18: Conservative South Korean demonstrators scuffle with riot police as police seize a North Korean flag from the demonstrators during a rally welcoming U.S. President Barack Obama's visit to the country on November 18, 2009 in Seoul, South Korea.

Cast of Characters

  1. Barack Obama Barack Obama
  2. European Central Bank
  3. Chrysler Chrysler
  4. European Commission European Commission
  5. Gallup
  6. European Union European Union