Dr. Peter Morici: US unemployment rate rose from 5.0 to 5.5 % in May; 49,000 jobs were lost; Recession grips the Job Market
Jun 6th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Today, the US Labor Department reported the economy lost 49,000 payroll jobs in May, after losing 28,000 jobs in April. My published forecast was for a 50,000 loss.