BBC News reports continued U.S. job losses. Not exactly news to me….

“US job losses worse than expected

The number of jobs lost in the US last month came in at 467,000, which was much more than had been expected.
The jobless rate rose to 9.5% in June, from 9.4% in May, as the US economy continued to struggle.
Since the start of the recession in December 2007, the number of jobless people has risen by 7.2 million, the Department of Labor said.”

Get further depressed by reading more here – LINK.