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US Unemployment Rises Sharply, Hits 25-year High
Date: 4/3/2009 7:26:25 AM Sender: VOA News
US Unemployment Rises Sharply, Hits 25-year High  
By VOA News
03 April 2009

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Career fair attendee looks around room in New York, 02 Apr 2009

U.S. unemployment rose to a 25-year high in March, leaving more than 13 million Americans without work.

Friday＇s report from the Labor Department says the jobless rate soared four-tenths of a percent to hit 8.5 percent.  

The troubled U.S. economy had a net loss of 663,000 jobs for the month.  The layoffs are hitting companies across the economy and the nation, with manufacturing and construction losing tens of thousands of jobs.

There are a few bright spots, with education and health care gaining some jobs, though not nearly enough to make up for the damage in other sectors.

The recession＇s impact on male-dominated jobs means the jobless rate for men is higher (8.8 percent) than the national average, while women＇s rate is lower (seven percent) than the overall rate.

The latest figures show 5.1 million jobs have disappeared since the beginning of the recession.

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