Job market takes turn for worse

[20thlvl_rogue]

Employers cut more jobs than expected in June and unemployment rate climbed for the ninth straight month, hitting 9.5%.

By Chris Isidore, CNNMoney.com senior writer
Last Updated: July 2, 2009: 11:03 AM ET

NEW YORK (CNNMoney.com) -- The battered U.S. labor market took a step backwards last month as employers trimmed more jobs from their payrolls

Comments

[100percentgood]

26% would be what? just over 31 million americans?

this is definitely a LOT worse than whats been being said.

its like regan-omics. pretend things are better than they are, and people will believe it. unfortunately, there doesnt seem to be an end in sight here...

[machiko]

Not to mention those that should be entering the workforce and can't find jobs, like recent graduates. I only worked part-time during school so I can't apply for unemployment, and people like me aren't included in these figures.

[mechalolipop]

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