The pace in which people are losing Jobs in US is far more than the recent 2 recessions. If the pace continues for another 10-12 months as expected by experts, the unemployment rate could hit 9-10% by 2009 end.
A Scary US Unemployment chart
The pace in which people are losing Jobs in US is far more than the recent 2 recessions. If the pace continues for another 10-12 months as expected by experts, the unemployment rate could hit 9-10% by 2009 end.
