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Job Losses Slow, Unemployment Dips to 9.4%

By Kevin Spak, Newser Staff

Posted Aug 7, 2009 7:55 AM CDT

(Newser) – Job losses slowed more than expected last month, and unemployment fell from 9.5% to 9.4% in its first dip since April 2008, the Labor Department announced today, marking another strong positive sign for the economy. Payrolls fell by 247,000, a big improvement... Read full story »

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Job Losses Slow, Unemployment Dips to 9.4%

unemployment • US economy • payrolls • jobless claims • financial crisis

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More Newser Stories

Unemployment Claims Dip, June Likely to Stay at 9.1%

Two semi-positive reports out ahead of tomorrow's Labor report

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Reach 500K mark as employers again cut back

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Hiring Healthy, Even During Downturn

Dire employment figures disguise huge amount of vacancies opening up

New Jobless Claims Fall More Than Expected

But continuing claims at record high for 8th straight week

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