In economic news, the nation’s unemployment rate has reached 8.5 percent, the highest it’s been in twenty-five years. 663,000 jobs were lost last month. A total of 5.1 million jobs have been lost in the past fourteen months. The current unemployment rate would jump to 15.6 percent if it included laid-off workers who have given up looking for new jobs or have had to settle for part-time work. This means one in every six workers in America is now either unemployed or underemployed.
One in Six Americans Now Unemployed or Underemployed
HeadlineApr 06, 2009