To the Point
Unemployment Rises and Will Keep Climbing
Five hundred sixteen thousand Americans filed for unemploymen t last week, bringing the total to 3.8 million, about the size of the City of Los Angeles. The weekly total of lay-offs is the highest since the attacks of September 11, 2001. David Serchuk is Assistant Editor at the Intelligent Investing channel at Forbes.com.
By Warren Olney • • 1 min readFive hundred sixteen thousand Americans filed for unemployment last week, bringing the total to 3.8 million, about the size of the City of Los Angeles. The weekly total of lay-offs is the highest since the attacks of September 11, 2001. David Serchuk is Assistant Editor at the Intelligent Investing channel at Forbes.com.
