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Saturday, May 9, 2009

Population of Unemployed hits 8.9% in US

With the World's recession US stands as the top most affected country. The country is helpless in its job market. In April month alone 5,39,000 jobs were lost.

The April month result of 5.3Lacs is much less compared to its previous month results as shown in the figure.

The Jobs loss were 6.51Lacs in January month end, In February month end it was 6.63Lacs and in March end it reached 6.99Lacs.

It is expected that still more jobs will be lost before the economy over comes recession which is expected in the earlier 2010.

The America is surely going to head more than 10% unemployment if the situation prevails.

Lets pray for America to Overcome this bad time and be the best again to its old position.

Cheers!!!

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