Unemployment Flashes Back to Early-80s Level

Article Date : 12 December 2008
News Section: USA

Almost 27 years ago, in early 1982, Ronald Reagan was fairly new in the White House, the Internet was embryonic and a lot of Americans were drawing unemployment benefits. In fact, that was the last time more people were receiving benefits than they are now, according to the U.S. Department of Labor, which pegs the current figure at 4.43 million...

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