The unemployment rate in America jumped from 4.7% to 5% in December.
American employers, excluding farms, added just 18,000 workers to their payrolls in December, the smallest increase since August 2003. Government hiring more than accounted for the rise: private-sector payrolls fell by 13,000.
Wednesday, January 16, 2008
US Unemployment Rate Jumped To 5%
Whoa! According to The Economist:
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