The June Jobs Report Majorly Sucked

The Labor Department released its jobs report this morning and the results were pretty lousy. Employers slashed 467,000 which was far more than forecasts. The unemployment rate is now up to 9.5%.
Since the recession started, we’ve lost 6.5 million jobs.

Posted by Eddy Elfenbein on July 2nd, 2009 at 10:41 am

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