Jobless Report Is Worse Than Expected; Rate Rises to 9.8%

Job Growth Lacking in the Private Sector
FOR the first time since the Depression, the American economy has added virtually no jobs in the private sector over a 10-year period. The total number of jobs has grown a bit, but that is...

Job Losses Rise in June as Unemployment Reaches 9.5%
The pace of job losses quickened last month with the American economy shedding 467,000 jobs, as unemployment rose to its highest level in 26 years.

Work may be that bad, but economy is scary
Many workers are frustrated with their jobs because the tough economy has led to furloughs, wage freezes, and benefit cuts — but not enough to say, “I quit!”

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