U.S. unemployment

U.S. Jobless Rate Pushes the Crisis Even Further

crisis1Almost 600,000 U.S. jobs were wiped out in the month of January, driven by layoffs undertaken by some big corporations, such as the equipment producer Caterpillar or the retailer Macy’s.
This is the largest level for the last 16 years, since January 1992, and at that time we were amidst a different crisis. The jobless rate, calculated by the Department of Labour, increased from 7,2% to 7,6%. Read More »U.S. Jobless Rate Pushes the Crisis Even Further