To the Point
Unemployment Going Up, Up, Up
Labor Department figures indicate that the US lost another 263, 000 jobs in the month of September. The loss, larger than that recorded in August, comes at a time when many economists believed the recession was coming to a close. Michael Mandel is chief economist for BusinessWeek magazine and the author of Economics : The Basics.
Labor Department figures indicate that the US lost another 263, 000 jobs in the month of September. The loss, larger than that recorded in August, comes at a time when many economists believed the recession was coming to a close. Michael Mandel is chief economist for BusinessWeek magazine and the author of Economics: The Basics.