Featured
Search
  Any of these words:
All of these words:
The exact phrase:
None of these words:
Categories
Date
Providers
Minimize
Learn More

Grab Networks has a huge collection of videos from over 300 news sources. Find in-depth news, embed it to your site, and build community!

About Us
Embedding
Getting Paid
Updates

Business Update: Jobless rate soars

April 03, 2009

The U.S. unemployment rate jumped to 8.5 percent in March, its highest since 1983, as the labor market continued to suffer through the recession. The Labor Department announced 663,000 jobs were cut last month, bringing the total number of jobs lost during the recession to 5.1 million. Speaker: John Silvia, chief economist, Wachovia Conway Gittens reports from New York.