Results for Tag: Unemployment

US unemployment rate hits new 25-year high of 8.5pc

WASHINGTON (AFP) - The US unemployment rate leapt to a new 25-year high of 8.5 percent in March as recession-battered employers shed another 663,000 jobs, the Labor Department reported Friday.The monthly snapshot of the labor market, seen Read full story

Thai unemployment to hit one million this year: PM

Thailand's Prime Minister Abhisit Vejjajiva warned Sunday that the number of jobless could nearly double to one million people this year because of global and local financial turmoil. Thailand's export-driven economy has been hard-hit by Read full story

US sheds 651,000 jobs; unemployment at 8.1pc

WASHINGTON (AFP) - The US economic bleeding extended in February with 651,000 jobs lost and the unemployment rate surging to 8.1 percent, according to data Friday highlighting an ever-deepening recession.The number of job losses was in Read full story

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