Unprecedented levels of unemployment in America

According to a report by ADP, the number of people who lost their jobs in March surpassed 742 thousand.

The American company ADP announced: “The numbers of Americans who lost their jobs in March surpassed 742 thousand. This increase was astonishing and surpassed all predictions.”

The economists all predicted that the number of people who would loose their jobs would be less than the 697 thousand who lost their jobs in February – they were wrong.

Economical analyzers added that the scale of unemployment in this country is predicted to surpass ten percent by the end of the year. This is a huge hurdle that Obama has to overcome and that he will not be able to overcome.

Islam Times

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The Workforce in America in dire straits

The difficult situation of America’s workforce is continuing.

Last week eight thousand Americans signed up for unemployment benefits breaking the record set in the previous week.

Since the beginning of the financial crises in America, starting at the end of 2008, the number of people who lost their jobs and signed up for unemployment is 5,600,000.

Islam Times