This is just the tip of the iceberg.
NEW YORK (CNNMoney.com) — The unemployment rate took its biggest jump in more than two decades in May as employers once again cut jobs, according to a government report Friday. The unemployment rate soared to 5.5% from 5% in April. Economists surveyed by Briefing.com had only forecast that the closely watched rate would rise to 5.1%.
It was the biggest one-month jump in unemployment since February 1986, and the 5.5% rate is the highest level seen since October 2004. A jump of this magnitude, even over a period of several months, is considered a warning sign of a recession. The unemployment rate is now a full percentage point higher than a year ago. More
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June 6th, 2008 at 1:19 pm
Unemployemnt is up but there are still thousands of 150K, 100K and 75K jobs offered. Try these sites:
http://www.realmatch.com
http://www.monster.com
http://www.careerbuilder.com
There is always hope if you TRY!
June 6th, 2008 at 1:30 pm
I agree, Rachel. There IS always hope if you try.