U.S. Unemployment Rate and Job Losses, June 2009

U.S. job losses rise in June as unemployment reaches 9.5%, By Peter S. Goodman and Jack Healy, July 2, 2009, New York Times: “The American economy lost 467,000 jobs in June and the unemployment rate edged up to 9.5 percent in a sobering indication that the most painful downturn since the Great Depression has yet to release its hold…”
467K jobs cut in June; jobless rate at 26-year high, By Neil Irwin, July 2, 2009, Washington Post: “Employers kept slashing jobs at a furious pace in June as the unemployment rate edged ever closer to double-digit levels, undermining signs of progress in the economy, and making clear that the job market remains in terrible shape…”