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Cnn Money: Job Losses Ebb, but Unemployment Up

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The USA unemployment rate jumped to a 26-year high in August 2009 even though the jobless rate improved. These rates are based on a survey of households while the payroll estimate comes from a survey of employers. This may explain why unemployment rose even though there were fewer job cuts. For a clearer understanding, graphic charts are included in the article. (09/04/09)

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2008-2009 economic crisis, effects of recession, cnn money.com: job losses ebb, but unemployment up, unemployment rate at 26-year high, 2008-2010 economic crisis
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