Labor & Economic News Blog


Friday, June 05, 2009

Jobs Picture, June 5, 2009

Jobs Picture, June 5, 2009
The unemployment rate increased from 8.9% to 9.4% in May, as the Household Survey showed that over three-quarters of a million workers were added to the jobless rolls, according to the Bureau of Labor Statistics. May marked the 17th straight month of job loss; the current recession is now officially the longest economic downturn since the Great Depression.

 



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