Arab Today, arab today unemployment rate drops to 85
Last Updated : GMT 16:17:18
Arab Today, arab today
Arab Today, arab today

Unemployment rate drops to 8.5 %

Arab Today, arab today

Arab Today, arab today Unemployment rate drops to 8.5 %

Washington - UPI

The U.S. unemployment rate dropped two ticks to 8.5 percent in December, the Labor Department said Friday. The rate for November had been revised to 8.7 percent and October\'s rate was 9.1 percent. The highest unemployment rate in 2011 was 9.2 percent in June. The Labor Department said 200,000 jobs were added to the economy in December, which matches the job gains for both October and November, when 80,000, then 120,000 jobs were created. \"Altogether, more private sector jobs were created in 2011 than any year since 2005,\" President Obama said. \"[There] are a lot of people that are still hurting out there. After losing more than 8 million jobs in the recession, obviously we have a lot more work to do.\" But, he said, 3.2 million new private sector jobs have been added in the last 22 months, Obama said. \"So after shedding jobs for more than a decade, our manufacturing sector is also adding jobs two years in a row now,\" he said. \"So we\'re making progress. We\'re moving in the right direction.\" The unemployment rate is down 0.6 percentage points from August, with the rate dropping to 8 percent for adult males and 7.9 percent for adult women. Among blacks, the unemployment rate is 15.8 percent. Among Hispanics and Asians, it is 11 percent and 6.8 percent, respectively. \"Today\'s report holds promise, but the dual realities of deeply entrenched long-term unemployment and job creation still heavily concentrated in lower-wage sectors like retail and food services threaten our ability to achieve the kind of economy we need,\" Christine Owens, executive director of the National Employment Law Project, said in a statement. Of the country\'s 13.1 million unemployed, NELP said, 42.5 percent have been out of work six months or longer. The Labor Department said the retail sector added 28,000 jobs in December and 120,000 in the past 12 months. Manufacturing gained 23,000 jobs while mining gained 7,000. Healthcare, which has added 315,000 jobs in the past year, added 23,000 jobs in December. Hourly earnings rose by 4 cents or 0.2 percent to $23.24 per hour. Wages in 2011 rose 2.1 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today unemployment rate drops to 85 Arab Today, arab today unemployment rate drops to 85

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today unemployment rate drops to 85 Arab Today, arab today unemployment rate drops to 85

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 10:39 2017 Monday ,26 June

Authorities release Assala under conditions

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday