On the other hand: unemployment highest in 25 years

09 Jun 2009

On the other hand…the Labor Department reported that May unemployment reached 9.4 percent, its highest rate in a quarter century.

Still, the cut of 345,000 jobs in May was far less than economists had predicted. U.S. Secretary of Labor Hilda L. Solis issued the following statement after the re

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Jim Townsend