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: The Illinois Personal Injury Weblog of Schaeffer & Lamere P.C.

A Surge in Unemployment

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From the Associated Press via Yahoo! News: "Jobs slashed, pointing to recession," by Jeannine Aversa--

Employers buffeted by talk of recession slashed 80,000 jobs in March, the most in five years and the third straight month of losses.

At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy might already be shrinking.

The new snapshot of the job market, released by the Labor Department Friday, underscored the damage that a trio of crises --in the housing, credit and financial sectors ? has inflicted on companies, jobseekers and the economy as a whole.

--Posted by Alton Illinois personal injury attorneys and the Madison County truck accident lawyers of Schaeffer & Lamere, P.C., handling car accident, personal injury, pharmaceutical liability, products liability, workers' compensation, medical malpractice, truck accidents, and all other types of injury cases.

Full post as published by The Illinois Personal Injury Weblog of Schaeffer & Lamere P.C. on April 04, 2008 (boomark / email).