1.0link211711<![CDATA[Unemployment Rate: 9.4 Percent In May]]>http://www.huffingtonpost.com/2009/06/05/unemployment-rate-94-perc_n_211711.htmlWASHINGTON — Employers throttled back on layoffs in May and cut the fewest jobs in any month since the financial crisis erupted last fall _ raising the brightest hope yet that an economic recovery will take hold later this year.
But with companies still reluctant to hire, the nation's jobless rate rose to a quarter-century high of 9.4 percent, and it likely will keep rising into 2010, possibly within striking distance of its post-World War II peak of 10.8 percent.