Submit a Story!
Votes
vote down flag
huffingtonpost.com - 7/3/2009
Unemployment Rate Hits 9.5 Percent As Economy Sheds 467,000 Jobs In June
—
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. While that's only a one percentage point from May, the current rate is the highest rate in 26 years. Heidi Shierholz, an economist with the Economic ...
467,000 Jobs Lost in June, Far More Than Expected
nytimes.com - 7/2/2009
467,000 Jobs Lost in June, Far More Than Expected
— nytimes.com — The pace of job losses quickened in June after slowing just a month earlier, casting a shadow... over the Obama administration’s attempts to stanch months of declines in the labor market. The American economy shed 467,000 jobs last month, and the ... (more) 467,000 Jobs Lost in June, Far More Than Expected

1 Comment vote down The Caucus found this 7/2/2009found this
news.yahoo.com - 7/2/2009
467K jobs cut in June; jobless rate at 9.5 percent - Yahoo! News
— news.yahoo.com — WASHINGTON Employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year... high of 9.5 percent. Workers also saw weekly wages fall, suggesting Americans will have little appetite to spend and the economy's ... (more) 467K jobs cut in June; jobless rate at 9.5 percent - ...
Comments vote down Michelle Malkin found this 7/2/2009found this
news.yahoo.com - 7/2/2009
467K jobs cut in June; jobless rate at 9.5 percent - Yahoo! News
— news.yahoo.com — WASHINGTON Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year... high of 9.5 percent, suggesting that the economy's road to recovery will be bumpy. The Labor Department report , released Thursday, ... (more) 467K jobs cut in June; jobless rate at 9.5 percent - ...

Comments vote down Flopping Aces found this 7/2/2009found this

Blog Reactions

Firedoglake:  Welcome to the Jobless Recovery

Comments
Blog Reactions

Welcome to the Jobless Recovery
Firedoglake — ... the recession combined with the growth of the workforce means that the gains of the previous business cycle have been completely blown away. "This is the only recession since the Great Depression to wipe out all jobs growth from the previous business cycle, a devastating benchmark for the workers of this country and a testament to both the enormity of the current crisis and to the extreme weakness of jobs growth from 2000-2007," said Shierholz in a statement.” What thefigures mean Just a couple of days ago, Michael Mandel of Business Week published ...

Related Content
U.S. jobless rate hits 26-year high of 9.5 percent - National Business
miamiherald.com 7/7/2009 — WASHINGTON -- In a worse-than-expected showing, employers shed 467,000 jobs in June and the unemployment rate ticked up another tenth of a percentage point to a 26-year high of 9.5 percent, the Labor Department reported Thursday. Mainstream economic ...
Video: Unemployment rate to 9.5 percent
marketnewslive.blogspot.com 7/3/2009 — The nation's unemployment rate surges again, as employers cut hundreds of thousands of jobs last month. The AP's Mark Hamrick reports.
The Associated Press: 467K jobs cut in June; jobless rate at 9.5 percent
google.com 7/2/2009 — 9 hours ago WASHINGTON (AP) Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy's road to recovery will be bumpy. The Labor Department report, ...
Employment Report: 467K Jobs Lost, 9.5% Unemployment Rate
calculatedriskblog.com 7/2/2009 — From the BLS : Nonfarm payroll employment continued to decline in June (-467,000), and the unemployment rate was little changed at 9.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Job losses were widespread ...
Unemployment Rate Hits 9.7 Percent As Economy Sheds 216,000 Jobs In August
huffingtonpost.com 9/4/2009 — The national unemployment rate rose to 9.7 percent in August, up from 9.4 percent in July, as the U.S. economy shed 216,000 jobs, the government announced on Friday morning. By a broader measure that includes forced part-timers and people who'd ...
Thanks Barack... 9.5% Unemployment Highest in 26 Years
gatewaypundit.blogspot.com 7/2/2009 — The US unemployment rate is now at 9.5%... the highest rate in 26 years. The unemployment rate has now jumped nearly 2 full percentage points since Obama became president. Under President Obama the unemployment rate reached a 26 year high in June. ...
MarketWatch.com Story
marketwatch.com 7/2/2009 — Payrolls fall by faster pace in June Job losses total 467,000; unemployment rate hits 9.5% By Greg Robb, MarketWatch Last Update: 12:27 PM ET Jul 2, 2009 WASHINGTON (MarketWatch) -- The U.S. economy shed jobs at a faster pace in June than in May, ...
Get Ready for 14 Percent Unemployment
realclearmarkets.com 7/6/2009 — The June "Jobs" report issued by the Bureau of Labor Statistics (BLS) on July 2 caused shock and dismay. Payrolls declined by 467,000 jobs, more than the 345,000 lost in May, and much more than the 363,000 that economists had predicted. The only ...
Unemployment hits 9.5%, and I get nostalgic
tigerhawk.blogspot.com 7/2/2009 — The unemployment rate is at 9.5%, the highest it has been since August 1983, the summer after I graduated from college. I was between Princeton and law school, and found a job selling something called The International Directory of Software over the ...
Jobs and the Unemployment Rate
calculatedriskblog.com 8/11/2009 — FAQ: How can the unemployment rate fall if the economy is losing net jobs, especially since the population is growing? This data comes from two separate surveys. The unemployment Rate comes from the Current Population Survey (CPS: commonly called the ...