A staggering 2.6 million jobs disappeared in 2008, the most since World War II, and the pain is only getting worse with 11 million Americans out of work and searching. Unemployment hit a 16-year high of 7.2 percent in December and could be headed for 10 percent or even higher by year’s end.
More: continued here
- Job losses hit 2.6 million as layoff pain deepens (AP via Yahoo! News)
- Job losses hit 2.6 million as layoff pain deepens (The Times and Democrat)