United States

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USA Job Cuts Slow In April

The unemployment rate in the United States has reached a 26-year high after half a million jobs were lost last month. There were job losses across nearly all sectors in April, although at a slower rate than previously.

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USA Distressed House Sales 45 % of Market

The American average existing-house price for all housing types was $165,400 (£112,700) in February. First-time buyers accounted for half of all home sales, with activity concentrated in lower price ranges.

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US Adds Restrictions To Skilled Visa

The total number of H- 1B visas for highly qualified and skilled foreigners to work in the US would remain capped at 65,000 for 2009.

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USA Unemployment Rate Reaches 8.5%

The US unemployment rate rose to a new 25-year high of 8.5 percent with 663,000 jobs axed in March. The cuts mark the fourth month in a row in which job losses exceeded 600,000.

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Healthcare Sole Winner In USA Jobless Figures

The United States jobless rate rose to 8.1 percent to a 25 year high in February. The number of unemployed people in the USA is now 12.5 million. Job losses were large and widespread across nearly all major industry sectors with healthcare again proving to be the exception.

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