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U.S. Unemployment Jumps .4 Points to 8.9%
The Labor Department this morning announced April's unemployment numbers, showing that another 539,000 jobs were lost, upping unemployment nationwide to 8.9%--that's the highest its been since 1983. However, some are drinking the glass half full saying the numbers are better than the anticipated 600,000 lost jobs. Last month, unemployment was at 8.5%. Statewide, April numbers still have not been announced, but last month California's rate broke a record at 11.2%.
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Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive before year-end will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
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