US Unemployment Rate Increases to 9.5%, a 26-year high

The US unemployment rate, which increased to 9.5%, has hit a 26-year high, according to a report released today by the US Department of Labor. This increase in unemployment occurred because US businesses laid off...

US Unemployment Rate At 25-Year High

The US jobless rate reached 8.1% in February - a bigger jump than expected. According to the US Labor Department, the number of people out of work rose by 651,000 last month. The unemployment rate is the highest...