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back to article U.S. unemployment rate jumps to 8.5 per cent

The monthly batch of bad news came out of the U.S. Department of Labor's Bureau of Labor Statistics this morning, which reported that companies in the United States chopped 663,000 jobs from their payrolls in March, boosting the unemployment rate to 8.5 per cent. Since the recession started in December 2007, U.S. companies …

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  1. Anonymous Coward
    Anonymous Coward

    There is a nasty rumor going around...

    Someone started a rumor that there is a worldwide economic meltdown. I don't know if that's true but in the U.S. they are losing 700,000 jobs every month. That might account for some lost IT jobs?

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  2. Jodo Kast

    Did you read the story?

    Because that's what this article is about!

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  3. Patrick

    oh

    ...shit...

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  4. Mark Spooner

    Can't Fool Them

    Sounds like someone finally figured out that when IT customers are having a hard time it impacts the IT providers.

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  5. elderlybloke
    Dead Vulture

    Mr. Anon Cowrd

    Second paragraph says recession started in Dec 2007.

    Actually if you have been unaware of the collapse of the economy in USA , you must have been living in a cave for the last 6 months.

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