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Jobless rate 7.6 pct; 598K job cuts most since '74

Discussion in 'Economics and Financials' started by Fin Fan In Cali, Feb 6, 2009.

  1. Fin Fan In Cali

    Fin Fan In Cali Dolphin fan since 1970 Luxury Box

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    http://news.yahoo.com/s/ap/20090206/ap_on_bi_go_ec_fi/economy


    [​IMG] AP – A sign on the downtown civic plaza directs citizens who need to file unemployment information to a satellite …


    WASHINGTON – Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.6 percent. The grim figures were further proof that the nation's job climate is deteriorating at an alarming clip with no end in sight.
     

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