Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, April 24, 2024 | Back issues
Courthouse News Service Courthouse News Service

Jobless Rate Rises to 9.4%

WASHINGTON (CN) - Unemployment rose to 9.4 percent in May, the highest since 1983, after the month saw the loss of 345,000 jobs said a report released Friday by the Bureau of Labor Statistics. Nonetheless, Commissioner Keith Hall called the numbers a "significant improvement in job loss," from the past six months when losses averaged 643,000 each month.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...