July 4 (Reuters) - The following were the top stories in the New York Times business pages on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * The unemployment rate held steady as 62,000 jobs disappeared in June ...

More on Unemployment Unemployment Soars, Jobs Collapse Courtesy of Mish. On April 4th the Bureau of Labor Statistics (BLS) released the March Employment Report. Here is a synopsis of that report. The unemployment rate rose from 4.8 to 5.1 percent in March, and nonfarm payroll employment continued to trend down (-80,000)

On Friday, the Labor Department will release its monthly employment report for March 2008. In addition to the unemployment rate ( ... consecutive months, shortly following the enactment of the 2003 investment income tax cuts. January

An unemployment rate at 5% used to be called full employment. Today it's considered the sign of a recession.