unemployment rises to 12.1 percent for October < ');" class="size11 blue"> RateThe unemployment rate in South Carolina rose nearly half a percentage point in October, returning to a record level of 12.1 percent set earlier this year, the state agency that calculates the rate said Friday.The Employment Security Commission also said it had revised September's rate up 0.1 percentage points, to 11.7. Nationally,...
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Obama says must do more to ease U.S. unemployment < ');" class="size11 blue"> RatePresident Barack Obama said on Monday his top priority was to tackle high U.S. unemployment, and stressed that although the"Our economy is growing again for the first time in more than a year," Obama told reporters after a meeting with his cabinet. "We cannot be sit back and be satisfied given the extraordinarily high...
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With job losses continuing to mount, euro-zone consumers are unlikely to support the currency area's nascent recovery by spending heavily in the months ahead.Figures released Friday by the European Union's statistics agency Eurostat showed the rate of unemployment in the 16 countries that use the euro rose to the highest level since records began in 1999.The euro-zone jobless rate inched up to 9.7%...
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Euro-zone consumers hit by mounting job losses are unlikely to support the currency area's nascent economic recovery by spending heavily in the months ahead.The European Union statistics agency Eurostat said the unemployment rate in the 16 countries that use the euro rose to the highest level since records began in 1999. The euro-zone jobless rate inched up to 9.7% in September from 9.6% in August.Recent...
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the UK rose again in the three months to September, although the 30,000 increase was the smallest since May 2008.Unemployment totalled 2.46 million in the quarter, the Office for National Statistics (ONS) said.The jobless rate edged up to 7.8% from 7.7%, but the youth unemployment rate rose to 19.8%, a record high.The number of people claiming unemployment benefit rose by 12,900 to 1.64 million in...
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Labor Department reporting that the unemployment rate in October soared to 10.2 percent, marking the highest level since 1983, gold prices surged to $1,101.90 per ounce on Friday, thereby going beyond an all-time high for the third time during the week!The Comex unit of the New York Mercantile Exchange saw gold for December delivery surging for the fifth day, rising $6.40, or 0.6 percent, to $1,095.70....
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Unemployment levels across the 16 countries that use the euro rose to 9.7% in September, the highest rate since January 1999.This brought the number of people unemployed across the eurozone region to 15.3 million.The rate across all 27 members of the European Union rose to 9.2%, with 286,000 more people now jobless. This brings the total to 22.12 million.Latvia has the EU's highest rate at 19.7%. The...
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Oregon unemployment rate unchanged in October < ');" class="arial11blue1"> RateThe unemployment rate in Oregon did not change last month, suggesting the recession may be easing, although economists also warned it is too early to tell.Oregon's seasonally adjusted unemployment rate was 11.3 percent for October, the same as the revised number for September.The figures released Monday by the Oregon Employment...
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European Central Bank (ECB) has kept interest rates on hold at a record low of 1% for the sixth month in a row.Earlier on Thursday figures showed that retail sales in the 16 countries that use the euro fell by 0.7% in September.The drop came as rising unemployment and financial uncertainty continue to drag on consumer confidence.Data this week showed unemployment levels across the 16 states that use...
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Trudie Samuel, from Merthyr Tydfil has been looking for a job since she completed her A-Levels at the end of the summerAn economist has warned Wales faces years of high unemployment as it tries to claw its way out of recession.Unemployment in the nation will not return to pre-recession levels for five or six years, said Professor David Blackaby, of Swansea University.Wales has one of the UK's highest...
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