Friday, April 04, 2008
The March Employment Report Confirms We are in a National Economic Recession
The unemployment rate is up to 5.1 percent. America's payrolls fell by 80,000 jobs from February. The evidence is building that we are in a recession.
Wichita's job market continues to diverge from the nation's. Earlier this week, the Bureau of Labor Statistics reported that our unemployment rate declined to 3.8 percent in February.