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Friday, March 6, 2009

Economy in 'Free-Fall': Unemployment Rate Surges to 8.1%, Highest in 25 Years

Economy in 'Free-Fall': Unemployment Rate Surges to 8.1%, Highest in 25 Years
(Source Tech Ticker) Another 651,000 U.S. jobs were lost in February, the Labor Department said today, bringing the total number of jobs lost since the recession began in December 2007 to 4.4 million. The unemployment rate jumped to 8.1%, it's the highest level in 25 years.

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