Unemployment in 15 U.S. states reached 10%
11:11, 18 July 2009
WASHINGTON. July 18. KAZINFORM /Aliya Altyngazina/ Unemployment in 15 states of America and Columbia district hit 10%, US Labor Department informs. In Michigan where large American auto companies are facing bankruptcy this figure comprises 15%.
According to the data of the Federal Reserve System, unemployment in the USA reached its maximum level over the last 26 years - 9.5%. Authorities say by year end this index will hit 10%. It will take 5-6 years to restore the labor market, they say.