Related Posts with Thumbnails

Friday, April 04, 2008

Unemployment Rate Now 5.1%

Just out this morning (emphasis mine):

Employers nervous about diminishing business prospects slashed 80,000 jobs in March, the most in five years and the third straight month of losses.
(...)
The unemployment rate was the highest since September 2005, when significant job losses followed the devastating blows of Gulf Coast hurricanes.
Quite the legacy this administration is leaving for the next.

UPDATE: As you might suspect, big losses in construction and manufacturing. Employment in healthcare and food services are up, but the losses far outweigh the gains.

blog comments powered by Disqus

Recent Archives