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%.