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Unemployment

People attend a demonstration organized by CCOO and UGT Union workers in Madrid on June 16, 2013 against austerity policies and record high unemployment, urging Prime Minister Mariano Rajoy to focus on creating jobs to help pull the country out of recession.

Newsday's coverage

  • Unemployment benefit applications fall to 334,000

    added 175,000 jobs in May, the department said last week. That nearly matched the monthly average for the previous year. The unemployment rate ticked up to 7.6 percent. The economy grew at a solid annual rate of 2.4 percent in the first three months of the   Read more »

  • Money Fix: rescuing your retirement

    have seen their retirement savings sink or stagnate in recent years, perhaps because of stock market losses or, say, unemployment. The market's back up, but the challenge remains: How to rescue your retirement?Re-evaluate your date: Tough as it may be, delay   Read more »

  • Clay: Barack Obama is just like Jimmy Carter

    rate was 5.2 percent when Carter took office; in 1981 when he left, it was 11.8 percent. And in January 1977, the national unemployment rate was 7.5 percent and in January of 1981, it was 7.5 percent. No progress there either.If that wasn't enough, Carter,   Read more »

  • World stocks down as Europe jobs data disappoints

    stock markets slumped Friday after a report showed unemployment hitting an all-time high across the 17 European Union countries that use the euro.Eurostat, the EU 's statistics office, said Friday that unemployment rose to 12.2 percent in April from the previous   Read more »

  • U.S. jobless claims climb as holiday prevents full count

    "The job market remains weak overall. The unemployment rate is still well above its longer-run normal level, rates of long-term unemployment are historically high and the labor force participation rate has continued to move down." NetApp Inc., a Sunnyvale,   Read more »

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Around the web

  • IMF name plate IMF entering university market

    awakened interest in how public finances are run. How are people meant to understand the big picture behind problems such as unemployment? Big screen in the IMF lobby: What does the public believe about the downturn? "When the public can understand the questions, 6 m ago from BBC News Read more »

  • Shelbyville council disagrees on mayoral replacement

    — An unemployment office of the Illinois Department of Employment Security in Decatur could be closing in November, but a final de… ARTHUR — As Jim and Pat Jurgens try to eat more organic and healthy foods, they’ve found Arthur is a good place to live. CHARLESTON 15 m ago from Journal Gazette & Times-Courier Read more »

  • 060612F1.Ibrahim-Lamorde.jpg - 060612F1.Ibrahim-Lamorde.jpg $600bn Stolen by Nigerian Elite Since Independence

    of this year. However, Okonjo-Iweala, who spoke on “Youth Unemployment and Violence” at the conference, had put the current unemployment rate in the country at 37 per cent. While noting that the looted sums would have created millions of jobs, Iyayi quoted 6/18/13 from THISDAY LIVE Read more »

  • Syria Fast Facts

    10% GDP: $107.6 billion (2011 est.- most current, as of 5/13) GDP per capita: $5,100 (2011 est.- most current, as of 5/13) Unemployment: 18% (2012 est. - most current, as of 5/13) Timeline: 1517-1918 - Part of the Ottoman Empire. 1920 - The League of Nations 6/18/13 from CNN Read more »

  • Agenda: Support young entrepreneurs

    not eclipse the fact that a tough job market still tends to hit young Scots the hardest. Indeed, June's figures showed that the unemployment rate among Scots aged 16 to 25 is more than three times as high as the equivalent rate for 35 to 49-year-olds. So, 6/18/13 from Herald Scotland Read more »

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About Unemployment

Unemployment occurs when a person is available to work and seeking work but currently without work. The prevalence of unemployment is usually measured using the unemployment rate, which is defined as the percentage of those in the labor force who are unemployed. The unemployment rate is also used in economic studies and economic indexes such as the United States' Conference Board's Index of Leading Indicators as a measure of the state of the macroeconomics.

from Wikipedia

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