Today’s jobs report didn’t deliver any real surprises. The number of payroll jobs fell by 216,000 in August, slightly less than expectations, but revisions to earlier months subtracted an additional 49,000 jobs. The unemployment rate rose to 9.7%, more than expected and consistent with the consensus view that unemployment will exceed 10% in coming months. [...]
Posts Tagged ‘unem’
Unemployment Still Rising
Posted in Economy, Macroeconomics, tagged Economy, jobs, Minimum Wage, unem, Wages on September 4, 2009 | 1 Comment »
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