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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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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
