Showing posts with label 2009 Unemployment Rate. Show all posts
Showing posts with label 2009 Unemployment Rate. Show all posts

Friday, April 3, 2009

Unemployment Continues To Climb

The nation's unemployment rate shot up from 8.1 to 8.5 percent last month, new figures out today show, as employers continued to slash jobs in the face of slumping demand.

The economy shed 663,000 jobs in March, the fourth straight month in which job losses have topped 600,000, according to Labor Department data.

A total of 5.1 million jobs have been lost since the recession began in December 2007, and more than 13 million people are unemployed.

DLR will try to keep your spirits up during these depressing times. Sometimes you have to laugh to keep you from crying.

Friday, March 6, 2009

"THE GREAT RECESSION"


Here is a glimpse of what it looked like in 1930 when the unemployment rate was out of control and the era was considered

"THE GREAT DEPRESSION"


Today the nation's unemployment rate rose to 8.1 percent in February, the Labor Department reported this morning, adding another grim indicator to an economic picture already darkened this week.More than 650,000 people lost their jobs last month, pushing the unemployment rate up from 7.6 percent in January. The jobless rate stood at its highest point since late 1983.

"THE GREAT RECESSION"