The State of Unemployment The United States has lost 7.5 million jobs since the recession started. The current unemployment rate is around 9.5% and has been for over a year. 4 years ago the unemployment rate was only 4.5%.

The State of Unemployment

admin On January - 8 - 2011




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One Response so far.

  1. hemen parekh says:

    Iceberg of Unemployment

    In his “ Kotak Institutional Equities “ report,

    “ 365 Mn : Can India live up to its demographic dividend ? “
    ( as reported in DNA / Oct.21,2010 ),

    Akhilesh Titolia says :

     23 / 25 million Indians will become eligible for work every year for the next 15 years
     Out of these, 12 / 13 million will actively look for employment every year
     There will be 365 million young Indians by 2025

    So, what is India’s score-card for job creation ?

    MaFoi Randstad Employment Trends Survey ( as reported in DNA / Dec.16,2010 ) reports that private organized sector in India created following no. of jobs :

    In 2008 ………………………… 0.67 Million
    In 2009 ………………………… 0.90 Million
    In 2010 ………………………….1.13 Million

    Will India’s Economy sink by hitting the tip of the Unemployment Iceberg ?

    With regards

    Hemen Parekh

    Jobs for All = Peace on Earth


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