Job Seekers across America face the daily task of trying to land a job in a challenging job market. Since the recession began in December 2007, the number of unemployed has risen by 7.4 million people and the unemployment rate grew 4.8 %. The number of unemployed increased 466,000 in August to a staggering 14.9 million.
The unemployment rate rose by 0.3 % point to 9.7 %. The rate had little change in June and July, after increasing 0.4 or 0.5 % in each month from December 2008 through May.
Monthly job losses have slowed as government stimulus measures spur production and consumer demand, helping to end the worst economic slump since the 1930s.
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