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Friday, April 3, 2009
2 million jobs lost so far in 2009
Unemployment rate spikes to 8.5%, a 25-year high, as 663,000 jobs lost in March. 5.1 million jobs have now been lost since the beginning of 2008. Employers trimmed 663,000 jobs from their payrolls last month, roughly in line with forecasts of a loss of 658,000 jobs, according to economists. First three months of the year, 2 million jobs have been lost, and 5.1 million jobs have been lost since the start of 2008, and between 600,000 and 700,000 more jobs will be lost in April, and that the best people can hope for is that the pace of job losses starts to slow down heading into summer.
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The unemployment rate is crazy. There are not many jobs out there right now so i don't know what some of these people are going to do.
ReplyDeleteThis is a really scary situation
ReplyDeleteGood employees are losing there jobs everywhere. Hopefully this crisis will end sooner then before the summer!
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