WASHINGTON (AP) — Employers slashed 63,000 jobs in February, the most in five years and the starkest sign yet that the country is heading dangerously toward recession or is in one already.
The Labor Department’s report, released Friday, also indicated that the nation’s unemployment rate dipped to 4.8 percent as hundreds of thousands of people — [...]
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Employers Slash Jobs by Most in 5 Years
Posted in Statistics, hiring on March 7, 2008 | Leave a Comment »