Current Unemployment Rate in U.S. Tops 5 Percent
Submitted by Big Bear on April 4, 2008 – 8:55 pmNo Comment
The current unemployment rate in the U.S. has topped the 5% mark, according to the latest government statistics. The Labor Department reported that nonfarm payrolls fell by 80,000 in March. This is the largest decline in 5 years and puts the nation’s unemployment rate at 5.1%, which is the highest since September 2005.