SmallGovTimes.com80,000 jobs lost, worst since 2003; Jobless rate spikes By: News Bites | Published on 04/05/08 Employers shed 80,000 jobs in March, the worst decline in five years, the Labor Department said Friday, the strongest sign the U.S. is in a recession. The jobless rate jumped to 5.1% from 4.8% in February, the highest since September 2005. Original URL: http://www.smallgovtimes.com/story/08apr05.jobless.rate.spikes/index.html |