In the month of June 467,000 people lost their job.
The unemployment rate now stands at 9.5%. That is the highest unemployment rate in the last 26 years. Some economists are now saying that the unemployment rate may go as high as 11% next year.In the post World War II era the unemployment rate was high and 10.8% at the end of 1982. That was after a deep recession..more...
Thursday, July 2, 2009
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