Labor & Economic News Blog


Friday, December 05, 2008

Job losses accelerate at alarming rate in November

Job losses accelerate at alarming rate in November
EPI
Payrolls contracted by over half a million last month and unemployment rose to 6.7%, according to today's report from the Bureau of Labor Statistics. The under-employment rate-the broadest measure of weakness in the job market-soared to 12.5%. For analysis of today's report, read EPI's Jobs Picture.

 



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