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Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?


To: tsigprofit who wrote (2685)7/3/2003 9:52:30 AM
From: tsigprofit  Respond to of 20773
 
Jobless rate up to 6.4% - worst in 9 years ***

(If they can try to recall Davis, can't we recall Bush?
t)

Climb in jobless rate worse than expected as employers cut another 30,000 jobs.
July 3, 2003: 8:51 AM EDT


NEW YORK (CNN/Money) - U.S. unemployment rose to its worst level in nine years in June as businesses cut thousands of jobs, the government said Friday.

Unemployment rose to 6.4 percent from 6.1 percent in May, the Labor Department said. That's the highest level since April 1994. It was also worse than the forecasts of economists, who on average expected a jobless rate of 6.2 percent, according to a Reuters poll.