U.S. unemployment rate jumps to 8.5 per cent

The monthly batch of bad news came out of the U.S. Department of Labor's Bureau of Labor Statistics this morning, which reported that companies in the United States chopped 663,000 jobs from their payrolls in March, boosting the unemployment rate to 8.5 per cent. Since the recession started in December 2007, U.S. companies have …

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Posted Friday 3rd April 2009 17:41 GMT

Anonymous Coward

There is a nasty rumor going around... #

Someone started a rumor that there is a worldwide economic meltdown. I don't know if that's true but in the U.S. they are losing 700,000 jobs every month. That might account for some lost IT jobs?

Posted Monday 6th April 2009 09:59 GMT

elderlybloke

Mr. Anon Cowrd #

Second paragraph says recession started in Dec 2007.

Actually if you have been unaware of the collapse of the economy in USA , you must have been living in a cave for the last 6 months.

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