China Financial Daily

British high unemployment rate in 2009 may increase the number of homeless people
According to the British Broadcasting Corporation (BBC) report, the institution made a survey to 2015 people recently, about 9% of the respondents find it hard to pay for housing mortgages, 32.4 percent of people think that they are likely to lose their house or main source of income within three months. In the lower income group, 28% of the people are worried that they may be a result of the financial crisis and unemployment, whereas the proportion is 21% among the higher income groups. At the end of this year, the United Kingdom is expected to have 2,000,000 unemployed people.

The unemployment rate in Silicon Valley reaches 7%
California Center for Economic Research said last week that so far, Silicon Valley’s unemployment rate has been as high as 7%, the jobs are 4000 less than the same period last year.
The IT companies headquartered in the Silicon Valley from September this year have announced to lay off at least 38,000, including a number of well-known multinational companies such as Hewlett-Packard, Yahoo, Adobe, Sun and Palm companies. But the human resources company Watson Wyatt senior researcher Madeline Mcmenamin said in January next year, the unemployment situation in Silicon Valley would become even more serious.

Related posts:

1. Data showed that the performances of 150 companies in Silicon Valley last year were very bad
   Data showed that the performances of 150 companies in Silicon Valley last year were very...
2. The United States will in Silicon Valley build 4G mobile communication network
   The United States will in Silicon Valley build 4G mobile communication network Chinese in San...
3. Iceland’s unemployment rate (Jobless rate) fell to 7.1% in September
   Iceland’s unemployment rate (Jobless rate) fell to 7.1% in SeptemberAccording to Iceland ILO data, Iceland...