The national unemployment rate rose to 8.1 percent in February, the highest rate in a quarter century, as the economy shed 651,000 jobs, the Bureau of Labor Statistics said on Friday.
"The jump in unemployment should be seen more as evidence that prior figures may have understated the rate of deterioration than as something to be corrected in coming months." -- Jan Hatzius, Goldman Sachs.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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