Enormous Job Losses Continue
Posted on March 6th, 2009 by Content Keyword RSS
The February unemployment numbers are out today. The job losses are simply astounding. The estimate is that 651,000 jobs were lost in February. That puts the nation’s unemployment rate at 8.1% — the highest it’s been since 1983. The nation’s unemployment rate climbed above 8 percent last month and the economy shed 651,000 jobs, new data show, further evidence of the deepening recession that has devastated the stock market and home prices and triggered the largest government recovery eff
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