Friday, 1 June 2012

USA Economy worse than expected, unemployment rising!

(SACNS)


 USA Economy worse than expected, unemployment rising! #NoObama2012 #USA #Election   #gplussersformitt

'Unemployment has been above 8% since February 2009, the longest such period since the government started keeping monthly data in 1948.

[...]

Since the Second World War, only one US president has been returned to office with the unemployment rate above 6%. Ronald Reagan won in 1984 despite a jobless rate of 7,2%, but with a roaring economy that had seen unemployment fall from 10,2% just 18 months earlier.'

Business Day | 'US unemployment ticks up to 8,2% as hiring stalls; Total of 69000 jobs added to payrolls in May is far below Wall Street expectations' by FOREIGN STAFF at 2012/06/01 06:00:35 PM SAST

http://www.businessday.co.za/articles/Content.aspx?id=173238

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