Ronald J. Cappuccio, J.D., LL.M. (Tax)

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Jobless Rate 6.4%

| Jul 8, 2003 | Uncategorized

JOBLESS RATE 6.4%

The jobless rate hit 6.4 per cent – a much worse reading than the 6.2 per cent projected by private economists. It was up 0.3 of a percentage point from May’s 6.1 per cent, to a level not reached since April 1994, according to the U.S. Department of Labor. Even though the service sector is employing more people, total payrolls have lost 400,000 jobs since January.
see: http://www.TaxEsq.com

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