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northern trust company

Unemployment rate at 6.4%. Highest in 9 years. (tags)

In a bleak start to the Fourth of July holiday weekend, the government reported today that the nation's unemployment rate climbed to its highest level in more than nine years during June.

Jobless rate climbs to nine-year high (tags)

EAST CHICAGO, Ill. – Bruce Gaddy is single. Tony McIntosh is married and has two children. Both live in this working-class suburb, 25 miles south of downtown Chicago. And both are unemployed: Gaddy because his plant closed, McIntosh because he was “down-sized” after working 22 years for AT&T.

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