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News

Unemployment Hits 8.5% Nationwide in March

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13.2 million people are now unemployed after some 663,000 jobs were cut last month. That leaves the national unemployment levels at 8.5%, or at 15.6% if you included underemployment after 423,000 jobs were rolled back from full-time to part-time. In total, that's 9 million jobs that were cut back with employees who desire full-time work. And despite everyone's desire to live the 4-Hour Work Week Tim Ferriss style, the nation's average a 33.2 hours work week is not supporting families. In February, LA County's unemployment rate was at 11% while the state's rate held at 10.5%.