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The Free Fall Continues; Unemployment Hits 7.2%

By KELLY CURRAN

Regional and state unemployment rates were universally higher in December, during which time 524,000 jobs were lost, bringing the national unemployment rate to 7.2 percent, according to unemployment data from the Bureau of Labor Statistics released Tuesday. All 50 states and the District of Columbia recorded both over-the-month and over-the-year unemployment rate increases. In December, the West [...]

Full post as published by Housing Wire on January 28, 2009 (boomark / email).