Saturday, February 7, 2009

Unemployment in the U.S. reached a 17-year maximum.

KommentariiOdnim mahom27.01.2009Za day worldwide company laid off 85 thousand people in the U.S. unemployment rose in January from 7,2 to 7,6 per cent, which is a maximum in 1992. This was reported in the monthly report of the Ministry of Labor the United States. According to the Bloomberg, the rise in unemployment was greater than analysts had expected, predicted to increase in the level of 7,5 percent.
In January, the U.S. economy has lost 598 thousand jobs, which is 1 thousand to over a record level in November 2008. Score after the "official" recession in December 2007 the number of jobs in the economy fell by 3.6 million. Such a decline in the labor market was a record for all recessions in the postwar period.
Employment in industry declined by 207 thousand, in construction - to 111 thousand, while in the service sector - by 279 thousand. The only area of the economy where jobs added, was the public sector. In January, state agencies have taken on additional work 6 thousand employees.
Unemployment among white Americans was 6.9 percent among blacks - 12.6 percent, and among Hispanics - 9.9 per cent. The lowest unemployment rate among immigrants from Asia - 6.2 per cent.
In January, the majority of large companies based in the U.S., announced significant job cuts. Only January 26, the corporation reported on the future of firing 50 thousand employees. Massive lay-offs should improve the profitability of companies, which has declined substantially as a result of the economic crisis.
U.S. administration tries to counter the vast drop in employment of large-scale investments in the economy of the country. In particular, in supporting the economy which is now before Congress, to create 3.5 million jobs.

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