Economy sheds 51,000 jobs in July

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Economy sheds 51,000 jobs in July

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August 4th, 2008

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Economy sheds 51,000 jobs in July

August 1st, 2008 09:46 AM - (AP) — The nation's unemployment rate climbed to a four-year high of 5.7 percent in July as employers cut 51,000 jobs, dashing the hopes of an influx of young people looking for summer work.

Payroll cuts weren't as deep as the 72,000 predicted by economists, however. And, job losses for both ...

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Economy sheds 51,000 jobs in July

Economy sheds 51,000 jobs in July

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