Census Hiring and Reporting Methods Minimize April Unemployment Numbers
May 11th, 2009 | By Don Miller | Category: Financial NewsEmployers cut 539,000 jobs in April, the lowest total in six months, but the Labor Department said the unemployment rate still soared to 8.9%, from 8.5% in March. While some analysts viewed the latest report as a sign of a nascent economic recovery, the unemployment numbers are almost certain to head higher before the recession is declared over.