June 4, 2009

U.S. private sector axes 532,000 jobs in May

Posted by D.A. King at 9:45 pm - Email the author   Print This Post Print This Post  

Reuters

U.S. private sector axes 532,000 jobs in May

U.S. private employers chopped more than half a million jobs in May, signaling job conditions remain tough and dashing some hopes the economy was not deteriorating as rapidly as thought, a report on Wednesday showed. — U.S. companies axed 532,000 jobs last month…

HERE