A U.S. Marine Corps engineer uses a cutting torch to cut a steel pipe as he fabricates support structures in Camp Fallujah, Iraq
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80,000 jobs lost, worst since 2003; Jobless rate spikes
By: News Bites | Submitted on: 04/05/08(SGT NEWS BITE) - 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.
Link to full article (opens in new window)
The jobless rate jumped to 5.1% from 4.8% in February, the highest since September 2005.
Link to full article (opens in new window)
News Bites are short one or two paragraph excerpts of external news articles with links to the original source.
