US unemployment rate reaches 9.8%

Friday, October 2, 2009 Companies in the United States are shedding more jobs, pushing the country’s unemployment rate to a 26-year high of 9.8%. The US Labor Department said on Friday that employers cut

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US stock markets reach 12-year lows

Thursday, March 5, 2009 US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able

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