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Unemployment soars to 8.5 pct.; 13 million jobless

Discussion in 'Economics and Financials' started by Fin Fan In Cali, Apr 3, 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/20090404/ap_on_bi_go_ec_fi/economy

    WASHINGTON – Unemployment zoomed to 8.5 percent last month, the highest in a quarter-century, as employers axed 663,000 more workers and pushed the nation's jobless ranks past 13 million. The hard times were only expected to get harder — a painful 10 percent jobless rate before long.
    The current rate would be even higher — 15.6 percent — if it included laid-off workers who have given up looking for new jobs or have had to settle for part-time work because they can't do any better. That's the highest on record for that number in figures that go back to 1994.
     
    gafinfan likes this.
  2. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    That numbers gonna go up come the end of may.
     
    gafinfan likes this.
  3. Fin Fan In Cali

    Fin Fan In Cali Dolphin fan since 1970 Luxury Box

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    So. Cal
    One of my employees needed some cash just until payday. He went to the pawn shop. The owner of said he has never had this many tools. He had his front room, and back room completely filled with tools. Not a good sign at all.:no:
     

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