The unemployment rate continued to rise and hit 8.5 % this march from 8.1% in February 2009 according to the statistics released by the US Department of Labor. When the recession took off in 2007, a whooping 5.1 million Americans have lost their jobs with 3.3 million being lost in past 5 months to March. The Household Survey Data released in April indicate that the total unemployed person rose to 13.2 million.
In March alone unemployed persons rose by 694, 000 culminating into an unemployment rate of 8.5 %. Within the last 12 months, a record 5.3 million people were unemployed with a an average unemployment rate increasing by 3.4% with has occurring in the past 4 months (BLS, 2009)