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  • US unemployment spikes to a Depression-era level of 14.7%

    US unemployment spikes to a Depression-era level of 14.7%

    World | May 08, 2020, 08:57 PM IST

    The U.S. unemployment rate hit 14.7% in April, a level last seen during the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record — stark evidence of how the coronavirus has brought the economy to its knees.

  • us adds a robust 295k jobs jobless rate falls to 5.5 percent

    US adds a robust 295K jobs; jobless rate falls to 5.5 percent

    World | Mar 06, 2015, 08:33 PM IST

    Washington: U.S. employers extended a healthy streak of hiring in February by adding 295,000 jobs, the 12th straight monthly gain above 200,000.The Labor Department says the unemployment rate fell to 5.5 percent from 5.7 percent.

  • obama says jobless rate could drop to 8 percent

    Obama Says Jobless Rate Could Drop To 8 Percent

    World | Dec 10, 2011, 09:53 AM IST

    Washington , Dec 10 : President Barack Obama said the U.S. unemployment rate could fall to 8 percent before he faces re-election next November.The unemployment rate, currently at 8.6 percent, has not been at or

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