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Unemployment
Linda talks with Teresa Tritch, Washington Bureau Chief at Money Magazine about unemployment figures released today. According to the Labor departments figures, unemployment has risen .2 percent to 5.8. It's the first jump in 3 months, the biggest since last spring. Tritch explains that umployment may have jumped because of the Blizzard last month and because of the federal shutdown, but also because of deeper rooted problems in the U-S economy. She suggests that we may be in for a more sluggish economy in the very near future.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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