The unemployment rate was 4.8% in December 2007 when the recession was declared official, and as of the April 2010 jobs report on Friday, it was 9.9%. We did have the best monthly gain in jobs in four years on the April report with +290k jobs (or +224k ex-Census workers), but we’ve lost 7.72m jobs since the recession began. Need a string of April-like numbers to sustain a recovery. You can hover over chart below to see official BLS-reported unemployment rates for each month in this series beginning in 1990. The link above will take you to the most recent data from last Friday.
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- Is Housing up or down?
- Housing Data Requires Closer Read.
- Chain Store Sales down.
- Chicago Fed Index at Lowest in Past 12 months.
- CPI on Target at +1.8%.
- Housing Starts Remain Weak
- Mortgage Applications down after 3 Weeks of Gains.
- Retail Sales up but Less than Expected.
- Lack of Inflation Could Mean no Fed Hike Soon
- Initial Jobless Claims Remain Low.