Jobless Rate Jumps

Friday, May 8th, 2009

The Washington Post just sent out a breaking news alert.  The jobless rate jumped to 8.9 percent in April with layoffs slowing down to only 539,000.  Only, she says?  That doesn’t include all the salary freezes, shorter hours and mandatory time off without pay.  That jobless rate also doesn’t include all the people who just gave […]

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11 Million Jobless

Friday, January 9th, 2009

A breaking news alert from the New York Times just came in.  According to the Labor Dept., the jobless rate jumped to 7.2% as more that 524,000 nonfarm jobs were lost in December.  More than 11 million Americans are now unemployed, the most in nearly 25 years. That now puts the unemployment  rate up  2.2 percentage points since April. […]

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