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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- Inflation Remains well Contained.
- Housing Starts down. Purchase Applications Spike.
- Wholesale Prices up Slightly.
- Manufacturing up Slightly.
- Import/Export Prices Continue Lower.
- Jobs Market Still Healthy.
- Purchase Applications -11.0% from a Year ago.
- Some Encouraging Signs in BLS.
- Jobless Claims low but Payroll/Population down.
- Flat Fundamentals.