Friday, June 6, 2008

Employers Eliminated 49,000 jobs in the month of May

As you read the paper or the news on the Internet, I'm sure you came across the Labor Department Report. The number of unemployed people grew by 861,000 which is now at 8.5 million people. A year ago, the number of unemployed was 6.9 million

Job losses for the year reached 324,000. The lines are going to be longer at the unemployment office and more people are going to continue to worry about their jobs.
Will this continue over the next few months? No one has the answer... Those of us that are employed must continue to do the best we can each and every day. You don't know what lies ahead.


To read the entire article on Yahoo go to:
http://news.yahoo.com/s/ap/20080606/ap_on_bi_go_ec_fi/economy;_ylt=AgnXxDivm7tMH8OhXFLm7nKs0NUE

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