Sunday, June 07, 2009

US Unemployment Rate Hits 9.4%

As we near the mid point of 2009 the unemployment numbers don't seem to be improving. What was an unemployment rate of about 8% has now grown into an unemployment rate of 9.4% in June 2009. States like Oregon, California, Michigan and Indiana have especially high numbers of citizens now seeking work after losing their jobs. It will be interesting to see how unemployment benefits stretch the budgets of state and federal governments.