Job losses have fallen to the lowest level in six months despite a rise in the unemployment rate. 539,000 jobs were cut in the month of April, a significant improvement from the number in March.
The improving economy and fall in number of job cuts seem to indicate that the worst of the recession could be over.
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5/11/2009
Job Losses Hit Six Month Low
Job losses have fallen to the lowest level in six months despite a rise in the unemployment rate. 539,000 jobs were cut in the month of April, a significant improvement from the number in March.
The improving economy and fall in number of job cuts seem to indicate that the worst of the recession could be over.