Tag Archives: Unemployment

US unemployment hits 26-year high

Posted on May 11, 2009 by admin

The US unemployment rate has hit a 26-year high as the labour market shed 539,000 non-farm jobs in April. However despite the record figure, the upward trend in currency exchange rates and equity markets has continued with the pound and…

Posted in Currency News, Euros, Financial News, Other Currencies, UK Pound Sterling, US Dollars | Tagged , , , , , , , , , , , , , | Leave a comment

Unemployment to reach 3.2 million

Posted on April 7, 2009 by admin

Business leaders have warned that UK unemployment will reach 3.2 million in the third quarter of 2010. The British Chambers of Commerce said its survey showed a “worrying deterioration” in manufacturing, with exports reaching 10-year lows. The BCC said one…

Posted in Currency News, Euros, Other Currencies, UK Pound Sterling, US Dollars | Tagged , , , , , , , , , , , , , | Leave a comment