US Jobless Hits 5 Year High
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US Jobless Hits 5 Year High         


Author: Gordon H
Date: Sep 5, 2008 16:19

http://news.bbc.co.uk/1/hi/business/7600379.stm

Jobs are being lost in the service, business and manufacturing sectors
The unemployment rate in the US is at its highest level in nearly five
years after a higher-than-expected 84,000 jobs were lost last month.

The jobless rate has risen to 6.1%%, the highest since December 2003,
adding to concern about the US economy and its ability to stave off a
recession.

In a further blow, the Labor Department revised upwards job loss figures
for each of the past two months.

The Federal Reserve said earlier that economic activity remained "weak".

Worse than thought

The number of jobs lost last month was significantly higher than the
75,000 forecast by economists.

All sectors of the economy were affected with manufacturing worst hit,
shedding 61,000 jobs.

Jobs are being lost in the service, business and manufacturing sectors
The unemployment rate in the US is at its highest level in nearly five
years after a higher-than-expected 84,000 jobs were lost last month.
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Re: US Jobless Hits 5 Year High         


Author: Normandy
Date: Sep 5, 2008 16:58

"Gordon H" g3snx.demon.co.uk> wrote in message
news:FsnT$WIDAUwIFwZg@g3snx.demon.co.uk...
> http://news.bbc.co.uk/1/hi/business/7600379.stm
>
> Jobs are being lost in the service, business and manufacturing sectors
> The unemployment rate in the US is at its highest level in nearly five
> years after a higher-than-expected 84,000 jobs were lost last month.
>
> The jobless rate has risen to 6.1%%, the highest since December 2003,
> adding to concern about the US economy and its ability to stave off a
> recession.
>
> In a further blow, the Labor Department revised upwards job loss figures
> for each of the past two months.
>
> The Federal Reserve said earlier that economic activity remained "weak".
>
> Worse than thought
>
> The number of jobs lost last month was significantly higher than the ...
Show full article (2.60Kb)
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Re: US Jobless Hits 5 Year High         


Author: JD Cooper
Date: Sep 5, 2008 17:08

Gordon H wrote:
> http://news.bbc.co.uk/1/hi/business/7600379.stm
>
> Jobs are being lost in the service, business and manufacturing sectors
> The unemployment rate in the US is at its highest level in nearly five
> years after a higher-than-expected 84,000 jobs were lost last month.
>
> The jobless rate has risen to 6.1%%, the highest since December 2003,
> adding to concern about the US economy and its ability to stave off a
> recession.
>
> In a further blow, the Labor Department revised upwards job loss figures
> for each of the past two months.
>
> The Federal Reserve said earlier that economic activity remained "weak".
>
> Worse than thought
>
> The number of jobs lost last month was significantly higher than the
> 75,000 forecast by economists. ...
Show full article (3.68Kb)
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Re: US Jobless Hits 5 Year High         


Author: bobgnome
Date: Sep 5, 2008 17:24

"Normandy" wrote in message
news:48c14910$0$894$ba4acef3@news.orange.fr...
>
> "Gordon H" g3snx.demon.co.uk> wrote in message
> news:FsnT$WIDAUwIFwZg@g3snx.demon.co.uk...
>> http://news.bbc.co.uk/1/hi/business/7600379.stm
>>
>> Jobs are being lost in the service, business and manufacturing sectors
>> The unemployment rate in the US is at its highest level in nearly five
>> years after a higher-than-expected 84,000 jobs were lost last month.
>>
>> The jobless rate has risen to 6.1%%, the highest since December 2003,
>> adding to concern about the US economy and its ability to stave off a
>> recession.
>>
>> In a further blow, the Labor Department revised upwards job loss figures
>> for each of the past two months.
>>
>> The Federal Reserve said earlier that economic activity remained "weak".
>> ...
Show full article (2.79Kb)
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Re: US Jobless Hits 5 Year High         


Author: Normandy
Date: Sep 5, 2008 18:03

>
> Ministers yesterday trumpeted the headline unemployment figure for June of
> 1.65million - a 45,000 fall from three months earlier.
>
> But in the small print, the ONS figures reveal that the real total is
> 9.6million, because a further 7.95million people in Britain are classed
> merely as 'economically inactive'
>
>
>
> --
> drill here, drill now, pay less
> sign the petition:
> http://tinyurl.com/4h5s4u

Gordon Sinclair a Canadian broadcast this in 1973 and it is still valid
today

LET'S BE PERSONAL" Broadcast June 5, 1973 CFRB, Toronto, Ontario
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Re: US Jobless Hits 5 Year High         


Author: Geno1234
Date: Sep 5, 2008 19:40

I wonder what Palin has to say about that!
grin

"Normandy" wrote in message
news:48c14910$0$894$ba4acef3@news.orange.fr...
>
> "Gordon H" g3snx.demon.co.uk> wrote in message
> news:FsnT$WIDAUwIFwZg@g3snx.demon.co.uk......
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