Relevant:
- U.S. gains strong 257K jobs, pay jumps; jobless rate up to 5.7%
- Unemployment aid is running out for millions: "People are going to become desperate"
- Jobless rate rises to 4-year high of 5.7 percent
- Jobless rate jumps to 7.2 percent in December
- Coronavirus costs the U.S. 20.5 million jobs in April as unemployment soars to 14.7%
2008-08-03 — nytimes.com
The unemployment rate spiked again in July, to 5.7 percent, its highest level in more than four years and a strong signal that come Election Day millions of Americans will still be hunting for work... For millions still at work, hours were reduced, a hidden form of unemployment, and the average raise was less than enough to keep up with inflation.
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