Friday, March 6, 2009

US jobless rate increases to 8.1%

US jobless rate increases to 8.1%



The US jobless rate jumped in February to 8.1%, according to official figures from the Labor Department.

The number of people out of work rose by 651,000 during the month. Both figures were bigger than expected.

The number of job cuts in January was revised up to 655,000 while December's losses were pushed up to 681,000.

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