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Switch to Forum Live View 9.4% Unemployment + Fewer Lay-Offs = Turning a Corner?
5 years ago  ::  Jun 05, 2009 - 11:23AM #1
Merope
Posts: 9,611

May's unemployment figures are in.  They show that the national unemployment rate jumped to 9.4%.  That's a sizeable jump from April (8.9%) and March (8.5%) and tops a 25-year-old record.  But the stats also show that the number of new lay-offs dropped to its lowest level in 8 months. 


So it's bad news and good news.  The stock market bounced back a bit yesterday on the news.


Story with links to DOL and BLS stats here.


What do these numbers mean for you?  For your state?  For the country?

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5 years ago  ::  Jun 10, 2009 - 3:04AM #2
Merope
Posts: 9,611

This thread was moved from the Hot Topics Zone.


Note that while a relaxed (site-wide) ROC standard applied to the discussion on that forum, the tighter forum ROCs apply to discussion on this thread from this point forward.


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5 years ago  ::  Jun 10, 2009 - 7:58AM #3
st.claire
Posts: 653

Jun 5, 2009 -- 11:23AM, Merope wrote:


May's unemployment figures are in.  They show that the national unemployment rate jumped to 9.4%.  That's a sizeable jump from April (8.9%) and March (8.5%) and tops a 25-year-old record.  But the stats also show that the number of new lay-offs dropped to its lowest level in 8 months. 


So it's bad news and good news.  The stock market bounced back a bit yesterday on the news.


Story with links to DOL and BLS stats here.


What do these numbers mean for you?  For your state?  For the country?





 


We're running out of jobs to lose.

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