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World joblessness climbs as pound sinks in London
Unemployment in 23 industrialized nations hit 17.1 million in September, with a potential rise to 18.5 million by year end. The British pound plunged to a record $2.0135 amid forecasts of economic slowdowns and inflation at 25.9 percent, while U.S. leading indicators declined signaling possible new slowdown.
MENTIONED IN THIS ARTICLE
America
International Labor Organization
Geneva
Switzerland
United
States
Canada
Japan
Australia
New Zealand
London
Britain
National Institute of Economic and Social Research
Ford
New York City
Europe
Washington
Commerce Department