Today the Bureau of Labor Statistics reported that the national unemployment rate hit 8.5% in March, up from 8.1% in February, a 0.4% increase that was in line with expectations. The US lost 663,000 jobs in March alone, bringing total job loss to 5.1 million since the recession began. Read More
The Labor Department reported that the Consumer Price Index, a key measure of retail prices, was up 0.3% in January after declining 0.8% in December. Read More