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Spread this message with Digg, Del.icio.us, Reddit, or Stumbleupon, and subscribe to the RSS Feed to track articles Recession Kicks Workers to the Streets: Unemployment Soars to 5.5%E-mail - editor@economyincisis.org |
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Source Market Watch: The U.S. unemployment rate jumped by a half percentage point to 5.5% in May on the biggest increase in seasonally adjusted unemployment in 33 years, the Labor Department reported Friday. Nonfarm payrolls fell by 49,000 in May, the fifth consecutive decrease and in line with expectations of economists. The economy has lost 324,000 jobs so far this year. Front Page Photo by PingNews Flickr © Some rights reserved Click here to contact your Representative in Congress. Spread this message with Digg, Del.icio.us, Reddit, or Stumbleupon, and subscribe to the RSS Feed to track articles
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