Unemployment Rate Slowed in April

Approximately 539,000 Americans were laid off in the month of April. While that is still a lot of people out of work, that number represents and improvement. In fact, April had the lowest amount of layoffs in any month of 2009 so far.
Many experts were expecting more than 600,000 job losses in April, so this news is better than many were predicting.
“Although we have a long way to go before we can put this recession behind us,” said President Barack Obama, “the gears of our economic engine do seem to be slowly turning once again”.
Among the hardest hit industries …read more