Dr. Peter Morici: Friday’s US Jobs Report: Look to Retail Employment for signs of turnaround; Unemployment headed above 9%
May 8th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Today Friday, the US Labor Department will report employment data for April. In March, the economy lost 663,000 jobs, and the consensus forecast is for another 620,000 jobs lost in April. My forecast is for a 630,000 loss.