Friday, May 8, 2009

UNEMPLOYMENT DROPS..SORT OF


FROM CNN-The unemployment rate hit a 25-year high in April, but there were signs of hope as the monthly job loss total fell to the lowest level in six months. The Labor Department reported that employers cut 539,000 jobs from payrolls in the month. That's an improvement from the revised reading of 699,000 that were lost in March, and the best reading since October, when the economy shed 380,000 jobs. In sum, it's still bad, but not AS bad. Hey, we'll take any positive numbers we can get right now.

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