U.S. Jobless Rate Climbs To Highest In 26-Years

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Uploaded by on Jul 2, 2009

Employers cut a much larger-than-expected 467,000 jobs in June and the U.S. unemployment rate to a 26-year high of 9.5% and still climbing. If laid-off workers who have given up looking for new jobs or have settled for part-time or temp work are included, the unemployment rate would be at least 16.5% or more in June, the highest on records dating back to 1994. How can the nation have a true economic recovery if it's still losing jobs, month after month?

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  • Very well done, researched, and thorough video. Scary indeed. Well done. Keep up the good work in HIs name.

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