Monday, August 22, 2011

'US July jobless rate up in 28 states'

The US says that the country's unemployment rate increased in more than half of its 50 states in July.

Source: Press TV

New figures indicate that the US unemployment rate increased in more than half of the country's 50 states last month as the nation is gripped by economic crisis.

The US government said the jobless rate jumped in 28 states and the nation's capital, Washington, in July, VOA reported.

The US economy produced 117,000 new jobs in July, but that was a smaller monthly number than earlier in the year.

About 14 million workers are still unemployed, with millions more working part-time or at lesser jobs than they would like.

The US economy is in a critical situation as the country's national unemployment rate is stuck above 9 percent.

The Labor Department said two western states - California and Nevada - recorded the highest unemployment rates, 12 percent or more. The lowest total - 3.3 percent - was in the midwestern state of North Dakota.

Amid reports of another recession for the US, Wall Street stocks have suffered four weeks of losses because of investor insecurity.

US President Barack Obama is currently on vacation despite the economic hardships of the country.

No comments:

Post a Comment

Thanks for commenting on this post. Please consider sharing it on Facebook or Twitter for a wider discussion.

Russia Today (Live)

World News 2017

South Front Military Review 2017

Syria - News 2017

US News 2017

The Russian Perspective

Debate – Global Issues 2017

Current Affairs - Important Interviews – 2017

Important Information 2016 - 2017

Yemen News 2017

Turkey News 2017

Ukraine News 2016 - 2017

Palestine & Israeli Crime 2017

Iraq News 2017

Iran News 2016 - 2017

Important Documentaries

Viewpoint, Discussion & Opinion - 2017

Abby Martin – Empire Files

Global Economic News 2017

Egypt News 2016 - 2017

Libya News 2016 - 2017

Bahrain News 2016 - 2017

Sheik Imran Hosein - Islamic Eschatology

George Galloway – Comment & Opinion

English FA Cup 2016 – 2017

New Age Weather

Space News

Music for the Revolutionary Mind

Global Revolution LIVE!

Watch live streaming video from globalrevolution at

Japan’s 3 Nuclear Meltdowns STILL ongoing (News Censored)