Released: July 03, 2009

Unemployment reaches 9.5 percent

Source: Jane M. Von Bergen, Philadelphia Inquirer

Even as economists and pundits talk wistfully about the barest hints of recovery, the nation’s payrolls continued to disgorge workers: 467,000 of them in June.

The unemployment rate continued its steady upward creep to 9.5 percent, a 26-year high.

Included in yesterday’s statistics from the U.S. Labor Department was Stacy Fleming, a senior staffing consultant at Rohm & Haas Co., of Philadelphia. He lost his job Tuesday.

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Keywords

Jobs, Employment, Unemployment, Recession