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The U.S. economy lost 598,000 jobs during January 2009, with unemployment rising to 7.6 percent. (New York Times) Canada's economy lost 129,000 jobs during January 2009, an all-time record, with unemployment rising to 7.2 percent. (AP via Google News) Bankruptcies in the United Kingdom rose during 2008 by 50 percent to an all-time high. (ABC ...
Projected Unemployment Rate. According to a March 2009 Industry Survey of and by the National Association of Business Economists, 60.3% of their economists who had reviewed the fiscal stimulus enacted in February 2009 projected it would have a modest impact in shortening the recession, with 29.4% anticipating little or no impact as well as 10.3 ...
For implementation of the supervisory capital assessment program, the baseline assumptions for real GDP growth and the unemployment rate for 2009 and 2010 were assumed to be equal to the average of the projections published by Consensus Forecasts, the Blue Chip Economic Indicators survey, and the Survey of Professional Forecasters in February ...
There are a lot of people out of work, which is the norm during a recession. There are almost no jobs available, which is a bit unusual during a recovery. According to the The New York Times, a ...
A year ago, most economists were projecting fairly mild unemployment for the U.S. this year. Most were forecasting a range of 7 to 8 percent. In February, the figure has already gone beyond that.
By Christopher S. Rugaber WASHINGTON (AP) -- The U.S. unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the ...
A rough comparison of September 2014 (when the unemployment rate was 5.9%) versus October 2009 (when the unemployment rate peaked at 10.0%) helps illustrate the analytical challenge. The civilian population increased by roughly 10 million during that time, with the labor force increasing by about 2 million and those not in the labor force ...
July 2009 Australian unemployment rate: 5.8% [28] August 2009 Australian unemployment rate: 5.8% [29] September 2009 Australian unemployment rate: 5.7% [30] October 2009 Australian unemployment rate: 5.8% [31] The unemployment rate for October rose slightly due to population growth and other factors leading to 35,000 people looking for work ...