539,000 Jobs Lost In April

Courtesy Donklephant  Fri, 05/08/2009 - 7:32am

This is actually good news since folks were expecting 620,000 jobs lost.

Still, even if this begins to slow down even more, we’re likely to see double digit unemployment before this is all over.

Because the unemployment rate is at 8.9% right now.

Also, let’s not forget the the underemployment numbers

If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate...



 

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