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Unemployment Hits 8.5% Nationwide in March
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%.
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But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
Senior Vice President News, Editor in Chief
