Earlier it was reported that due to the financial crisis, which has already turned into a general economic crisis, the number of first-time applicants to the job center reached its highest level in 16 years. In mid-October, four million people in the US were receiving unemployment benefits.
Earlier, George Bush expressed doubts about the need to improve conditions for the unemployed. However, his opinion changed after he received statistical data on the unemployment rate in the country. As Lenta.ru notes, the situation on the US labor market is complicated not only by the large number of layoffs in various sectors of the economy, but also by the fact that finding a job is becoming more difficult - in the conditions of the financial crisis, companies are cutting investment programs and vacancies.
It is worth noting that in January 2009, George Bush himself may become unemployed - the position of US President will be taken by Barack Obama, elected in early November.