7.02.2009

Job loss "worse than expected"

The U.S. economy lost 467,000 jobs in June as the national unemployment rate rose to 9.5 percent, the government announced on Thursday morning....

A broader measure of labor underutilization that accounts for people who've stopped looking for work hit 16.5% in June, a 0.1 percentage point increase.

link: Unemployment Rate Hits 9.5 Percent As Economy Sheds 467,000 Jobs In June

We need to find ourselves some better expecters pretty soon.


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