Saturday, April 04, 2009

663,000 U.S. Jobs Lost in Mar., Pushing Unemployment to 8.5%

Despite better-than-expected reports on everything from housing to manufacturing this week, recession-wary U.S. companies are still shedding hundreds of thousands of jobs. The government reported that the nation's employers cut 663,000 workers in March, push the unemployment rate up to 8.5 percent, the highest in nearly 26 years.

read more | digg story

No comments: