Posts Tagged ‘us unemployment rate’
Unemployment Jumps to 8.1%; 25 Year High
Friday, March 6, 2009 8:16 1 CommentThe US Labor Department reports that US non-farm payrolls fell by 651,000 in the short month of February bringing the US unemployment rate to 8.1%, the highest level in 25 years.
The number of unemployed persons increased by 851,000 to 12.5 million in February, and the unemployment rate
rose to 8.1 percent. Over the past [...]
Unemployment jumps to 7.6%
Friday, February 6, 2009 9:55 No CommentsThe Labor Department reported that the US unemployment rate jumped to 7.6% and nonfarm payrolls fell by the largest amount in 34 years.
Nonfarm payrolls dropped by a seasonally adjusted 598,000 in January, after a revised loss of 577,000 in December.
January marked the largest payroll loss since December 1974, according to a survey of workplaces. [...]
