533,000 People Lost Jobs in November
12/5/08 at 9:50 AM
Photo: Getty Images
"The nation’s employers shed 533,000 jobs in November … the government reported Friday morning, and the unemployment rate rose to 6.7 percent … over all, the job losses since January now total more than 1.9 million." We still have a long way to go, though: Unemployment during the Great Depression peaked at 25 percent. [NYT]
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