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US Unemployment - Page 21

Florida Cuts Unemployment Benefits To Pay For Corporate Tax Cut:

Conservative lawmakers in Utah falsely claimed that cutting jobless benefits would be "motivation for people to get back to work," while Michigan gutted its unemployment insurance system despite having one of the highest unemployment rates in the nation. Ref. Source 6

Unemployment US

US Unemployment Rises

Economy added 54,000 jobs in May, far fewer than analysts expected. Jobless rate rises to 9.1% from 9% in April.

Stock futures decline sharply on the report, indicating a big selloff at the Wall Street open. Ref. CNN

US Unemployment History & Civil Business Politics

Unemployment Now Worse than During Great Depression
By Julianne Escobedo Shepherd

We knew it was bad, but the latest US Unemployment Report, released Friday, proves that we are in the worst slump since the 1930s. This puts it in perspective: Ref. Source 8

Page 21 Unemployment US

People are hoping that good news will be forth coming but I have a feeling that we are close to the edge and it will not take much for something to push us over and we fall hard and fast. I see states and local governments wanting to cut services and lay off workers. I believe the federal government is even talking about lay offs.

Unemployment US

Low Job Expectations

U.S. Economy added only 18,000 jobs in June, much worse than expected. Jobless rate up to 9.2 percent Ref. CNN

US Unemployment

Applications for unemployment benefits fall below 400,000

The Labor Department says weekly applications fell 24,000 to a seasonally adjusted 398,000. That's the first time applications have fallen below 400,000 since early April, a sign the job market may be healing after a recent slump. Ref. USAToday

US Unemployment - Page 21

Slight Increase

Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day on Wall Street in nearly three years. Ref. USAToday

US Unemployment Politics Business Civil & History - Page 21

The U.S. Says the economy added no jobs in August, the worst number since September 2010. The jobless rate was unchanged at 9.1%.

While the number was partially distorted by a one-time quirk from more than 40,000 striking Verizon workers, it was still weak in comparison to job gains of about 200,000 a month earlier this year.

Economists typically estimate the nation needs to add about 150,000 jobs each month to keep up with population growth alone. It needs even stronger growth to recover the millions of jobs lost during the financial crisis. Ref. CNN