July 20, 2010

Posted in: Breaking News, World News

Unemployment News Isn’t Looking Good for Tech Companies


ABC reports that “nationwide, private employers added a net gain of only 83,000 jobs last month; the national unemployment rate dropped to 9.5 percent in June from 9.7 percent the previous month, as about 650,000 people stopped looking for work.” Video after the jump.

New York’s unemployment rate fell to 8.2 percent from 8.3 percent the previous month. But the state lost 8,500 private-sector jobs, the second-straight decline in private employment. California’s unemployment rate also declined, but the state gained just 1,300 private-sector jobs.

[Source]

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