Posts tagged market

March 5, 2009

Worst is yet to come for job market

CNN reports that the labor department will release its latest jobs report Friday. Economists surveyed by Briefing.com forecast that the unemployment rate rose to 7.9% in February and that 650,000 jobs were lost.
If the job loss forecasts for February turn out to be accurate, it would be the worst monthly drop since 1949… Even adjusting [...]

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