Jobless Figures Add to US Economic Gloom
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By Jim Malone
Washington
06 March 2009 |
Crowds wait to apply for jobs outside the New York Department of Labor in the Bronx in New York, 06 Mar 2009 |
The U.S. economic gloom deepened Friday with word that the jobless rate soared to 8.1 percent last month, the highest level in 25 years. |
A cartoonist recently laid-off from the Seattle Times stands with his family and packed moving boxes in Kenmore, Wash, (file photo) |
"Pay cut, less medical benefits, loss of my vacation and loss of my severance package when I get laid off here," he said. |
Pres. Obama greets people in the crowd after Police Graduation Exercises in Columbus, Ohio, 06 Mar 2009 |
Mr. Obama told an audience in Ohio Friday that the job losses underscore the importance of his economic stimulus package, which he signed into law last month.