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[News] U.S. Jobless Rate Reaches 26-Year High
*grumble* Really? Color me surprised:
U.S. Jobless Rate Reaches 26-Year High
By: NY1 News
According to the U.S. Labor Department, the nation's unemployment rate jumped to 8.5 percent in March.
That's the highest it's been since late 1983.
Employers eliminated a net total of 663,000 jobs last month, slightly more than the 654,000 economists had predicted.
The average work week also dropped in March to a new record low of 33.2 hours.
Since December 2007, the economy has lost a net total of 5.1 million jobs, with almost two-thirds of those happening in the last five months.
The recession is now the longest since World War Two.
***********
I'm gonna go cry now... LOL Actually I just went and reworked my resume again. *sigh* I really need a job.
U.S. Jobless Rate Reaches 26-Year High
By: NY1 News
According to the U.S. Labor Department, the nation's unemployment rate jumped to 8.5 percent in March.
That's the highest it's been since late 1983.
Employers eliminated a net total of 663,000 jobs last month, slightly more than the 654,000 economists had predicted.
The average work week also dropped in March to a new record low of 33.2 hours.
Since December 2007, the economy has lost a net total of 5.1 million jobs, with almost two-thirds of those happening in the last five months.
The recession is now the longest since World War Two.
***********
I'm gonna go cry now... LOL Actually I just went and reworked my resume again. *sigh* I really need a job.