FUCK THE POLICE
911 EVERY DAY
Do you think it's going to bottom out around here? Or could those lovely double digits be in our future?
http://www.newsday.com/services/new.../news/ny-bzjobs076060508mar07,0,5660062.story
Unemployment rate jumps to 8.1% in U.S.
BY CARRIE MASON-DRAFFEN; James Bernstein
March 7, 2009
The U.S. labor market continued its downward spiral last month, losing 651,000 jobs and making it harder for the unemployed to find work.
The latest losses pushed the unemployment rate to 8.1 percent - the highest in more than 25 years. The rate rose from 7.6 percent in January and 4.8 percent in February of last year, according to U.S. Bureau of Labor Statistics data released Friday.
Revisions of previous monthly reports paint an even grimmer picture of the job market. For example, December's job loss was revised to 681,000, from the 577,000 originally reported. Since the recession began in December 2007, the United States has lost about 4.4 million jobs, more than half in the last four months.
A closer look at the recent data reveals bad news all around for job seekers. The number of unemployed workers now totals 12.5 million, compared with 7.4 million a year ago. The number of long-term unemployed, those out of work for at least 27 weeks, has swollen to 2.9 million, up 1.6 million in the last year.
More at link...
http://www.newsday.com/services/new.../news/ny-bzjobs076060508mar07,0,5660062.story
Unemployment rate jumps to 8.1% in U.S.
BY CARRIE MASON-DRAFFEN; James Bernstein
March 7, 2009
The U.S. labor market continued its downward spiral last month, losing 651,000 jobs and making it harder for the unemployed to find work.
The latest losses pushed the unemployment rate to 8.1 percent - the highest in more than 25 years. The rate rose from 7.6 percent in January and 4.8 percent in February of last year, according to U.S. Bureau of Labor Statistics data released Friday.
Revisions of previous monthly reports paint an even grimmer picture of the job market. For example, December's job loss was revised to 681,000, from the 577,000 originally reported. Since the recession began in December 2007, the United States has lost about 4.4 million jobs, more than half in the last four months.
A closer look at the recent data reveals bad news all around for job seekers. The number of unemployed workers now totals 12.5 million, compared with 7.4 million a year ago. The number of long-term unemployed, those out of work for at least 27 weeks, has swollen to 2.9 million, up 1.6 million in the last year.
More at link...