Hello, 9.4% National Unemployment
Hello highest rate of unemployment in 25 years, up from 8.9% last month. The one thing economists are saying about today's statistics--employers cutting 345,000 jobs in May--is that it's the lowest rate since last September, which could be a sign the recession is making a turn around. A study in April said the Los Angeles-Long Beach region ranks 56 out of 66 for job growth in large U.S. cities. So, who's doing some funemployment these days?