综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

WORLD> America
US unemployment rate at 26-year high
(Agencies)
Updated: 2009-07-02 23:30

WASHINGTON: Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy's road to recovery will be bumpy.

The Labor Department report, released Thursday, showed that even as the recession flashes signs of easing, companies likely will want to keep a lid on costs and be wary of hiring until they feel certain the economy is on a solid ground.

June's payroll reductions were deeper than the 363,000 that economists expected.

US unemployment rate at 26-year high
Job seekers look over the employment bulletin board of the New York State Labor Department's Division of Employment Services in the Brooklyn, June 2009. [Agencies] 
However, the rise in the unemployment rate from 9.4 percent in May wasn't as sharp as the expected 9.6 percent. Still, many economists predict the jobless rate will hit 10 percent this year, and keep rising into next year, before falling back.

All told, 14.7 million people were unemployed in June.

If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June, the highest on records dating to 1994.

Since the recession began in December 2007, the economy has lost a net total of 6.5 million jobs.

As the downturn bites into sales and profits, companies have turned to layoffs and other cost-cutting measures to survive. Those include holding down workers' hours and freezing or cutting pay.

Related readings:
US unemployment rate at 26-year high Eurozone unemployment jumps
US unemployment rate at 26-year high Obama says 'get used' to high unemployment
US unemployment rate at 26-year high Texas gov. rejects stimulus money for unemployment
US unemployment rate at 26-year high US new jobless claims swell to 627K

The average work week in June fell to 33 hours, the lowest on records dating to 1964.

Layoffs in May turned out to smaller, 322,000, versus the 345,000 first reported. But job cuts in April were a big deeper -- 519,000 versus 504,000, according to government data.

Even with higher pace of job cuts in June, the report indicates that the worst of the layoffs have passed. The deepest job cuts of the recession came in January, when 741,000 jobs vanished, the most in any month since 1949.

And there was some other encouraging job news Thursday.

In a separate report, the department said the number of newly laid-off workers filing applications for unemployment benefits fell last week to 614,000, in line with economists' predictions. The number of people continuing to draw benefits unexpectedly dropped to 6.7 million.

Still, job losses last month were widespread.

   Previous page 1 2 Next Page  

勃利县| 宜兰县| 永春县| 志丹县| 扬州市| 灌南县| 漠河县| 如东县| 英超| 西丰县| 东丰县| 亚东县| 革吉县| 梅河口市| 康保县| 察雅县| 曲阳县| 泉州市| 上饶县| 通渭县| 东港市| 水城县| 鲜城| 安新县| 乌拉特后旗| 万荣县| 静乐县| 鹿泉市| 德保县| 贵南县| 平谷区| 灌阳县| 措勤县| 望城县| 中西区| 辽宁省| 广灵县| 吉隆县| 阿坝| 黄浦区| 苍梧县|