The Labor Department reported Friday that 48 states and the District of Columbia saw employment conditions deteriorate last month. The fallout from the longest recession since World War II, was the worst in Michigan as automakers cut tens of thousands of jobs. Its unemployment rate rose to 14.1 percent.
I head this morning that it was 14.1% in May.
I wonder when we are going to stop using the euphemism “the longest recession since the great depression”.
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