US JUN-08 MONTHLY UNEMPLOYMENT RATE
The Bureau of Labor Statistics also released theseasonally adjusted Jun-08 Unemployment Rate, placingit at 5.5%, unchanged from May-08. A steep climb wasreported in May when the rate climbed 0.5% in a singlemonth. The trough this business expansion cycle wasestablished at 4.4% in Oct-06.Still-low unemployment rates mask underemployment.Many amongst nominally classified as employed havebeen involuntarily assigned to part-time payrolls from fulltimeemployment. The underemployment rate stands at9.7%, up from 8.3% in May-07.
Saturday, July 5, 2008
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment