Posted By Frank Steinberg on
06 / 5 / 2009 |
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Unemployment Continues to Soar
The most recent jobs report, per Reuters, shows that the unemployment rate increased to 9.4% in May. The human cost? American families lost 345,000 jobs in one month. To put that in perspective, it's roughly equivalent to putting the entire population of the city of Saint Louis on unemployment all at once. Not good.
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