This Reuters report on Yahoo this morning:
WASHINGTON (Reuters) - U.S. employers cut 467,000 jobs in June, far more than expected, while the unemployment rate rose to 9.5 percent, the government said on Thursday in a report that showed a labor market continuing to struggle with a deep recession.
The June job losses
were more than 100,000 greater than the 363,000 consensus of Wall
Street economists polled by Reuters and broke a four-month trend of
moderation in job losses.
The jobless rate of 9.5 percent compared with 9.4 percent in May and was the highest since a matching unemployment rate in August 1983.
Was this the kind of "change" your were "hoping" for?
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