Unemployment rises for third consecutive month in US….

The New York Times presents startling data on employment in the US, detailing how the economy shed 80,000 jobs in March, the third consecutive month of rising unemployment, presenting a stark sign that the country may already be in a recession.

Sharp downturns in the manufacturing and construction sectors led the decline, the biggest in five years. The Labor Department also said employers cut far more jobs in January and February than originally estimated.

Read the full report here…. http://www.nytimes.com/2008/04/04/business/04cnd-econ.html?ex=1365048000&en=a7dd91c960a9aded&ei=5088&partner=rssnyt&emc=rss