CAF In The News

Rise in Unemployment Shifts Election Debate

afp.google.com — WASHINGTON (AFP) — The jump in US unemployment to a five-year high has heightened worries about recession and puts the struggling economy into sharp focus two months ahead of the presidential vote, analysts said.

Friday's Labor Department report showed a surge in the jobless rate to 6.1 percent as 84,000 jobs were slashed in August.