Friday, February 6, 2009

January Unemployment 7.6%

The unemployment rate rose from 7.2 percent to 7.6 percent, however, when adding in those who are too discouraged to look for work and those who are working part-time instead of full-time, the unemployment rate rose from 13.5 percent to 13.9 percent.
A total of 3.6 million jobs have been lost since the current recession began back in December of 2007, an average of almost a quarter of a million jobs per month.

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