The Bureau of Labor Statistics numbers for May show the national unemployment rate reaching a 26 year high to 9.4% up from 8.9% in April. The number of unemployed persons increased by 787,000 to 14.5 million. Since the start of the recession in December 2007, the number of unemployed persons has risen by
April Unemployment up to 8.9%
The Department of Labor released unemployment data on April’s unemployment rates. The unemployment rate rose to 8.9 percent, and the number of unemployed persons increased by 563,000 to 13.7 million in April. Over the past 12 months, the number of unemployed persons has risen by 6.0 million, and the unemployment rate has grown by 3.9 percentage points. The