Friday, September 4, 2009

Job losses mount, unemployment rate at 26-year high

Companies shed another 216 payrolls in August and the unemployment rate jumped from 9.4% to 9.7%, the highest level since the 1982 recession.

The economy is moving forward but uncertainty and a focus on the bottom line continues to force job cuts.

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More is available on what is starting out as a “jobless recovery” at Examiner.

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