American jobless rate jumps to five year High
This article is about how the U.S unemployment rate flew to a five year high of 6.1% in August when employers cut 84,000 jobs and cut payrolles for the eighth month in a row.
The economy lost 100,000 jobs in June and another 60,000 in July. Private employers slashed 101,000 jobs. So far this year job losses are totaled to 605,000.
I think that with all of these jobs being cut and people therefor loseing there jobs is obviosly bad for the people but is is also weakening the economy. I don't understand why employers are slashing somany jobs and not creating new one's for people to fill in.
I don't think that ther should be so many people without jobs because for all those unemployed people with families its not just on person suffering per job loss it is three or four. So if there are 605,000 without jobs then there are really 181,500,00 people suffering.