US unemployment rate close to eurozone's rate for April. - The US rate of unemployment is now close to that in the eurozone and reached 8.9% in April, its highest level since 1983, the same rate at the eurozone's a month earlier. In March, the US rate was still “only” 8.5%. In total, there have been 5.7 million job losses in the US since the beginning of the recession in December 2007 and estimates point to a further 2 million job losses by 2010. According to the president of the Federal...