US job losses worse than expected

Totally not IT or security related but everyone is pretty much affected one way or another....

The number of jobs lost in the US last month came in at 467,000, which was much more than had been expected.The jobless rate rose to 9.5% in June, from 9.4% in May, as the US economy continued to struggle.

Since the start of the recession in December 2007, the number of jobless people has risen by 7.2 million, the Department of Labor said.

The unemployment rate was slightly lower than had been expected, but was still the highest since August 1983.

In its separate weekly jobs report, the Department of Labor said that the number of newly laid-off workers applying for employment benefits last week fell to 614,000, while the number of people continuing to claim benefits unexpectedly fell to 6.7 million.

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