US Jobless Rate Jumps to 8.5 Percent

416 views · Published 6 April 2009 · 2:09 · Indexed 20 September 2026

Channel: Voice of America · 2009 · News & Politics

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The Labor Department on Friday reported that employers eliminated a net total of 663,000 jobs last month, pushing the national unemployment rate to 8.5 percent -- the highest level in more than a quarter-century.   Despite the disappointing job numbers, some investors are beginning to see some bright spots for the U.S. economy.

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