Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
Friday, June 3, 2011
May 2011 Unemployment: 9.1%
The Labor Department reported that nonfarm payrolls rose by just 54,000 in May, far below expectations for a gain of more than 150,000, and the jobless rate rose from 9.0 percent to 9.1 percent, adding to the recent gloom about the U.S. economy that, with each new report, appears to have entered a “soft patch” or, perhaps, something more serious.
source
Labels:
unemployment rate
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment