US unemployment highest in 20 years
by assey ~ July 21st, 2008.
Filed under: Headlines, Videos of Interest .
The US labor department reported Wednesday that consumer prices rose 1.1 percent in June,the highest one month rise in 26 years, and the 12 month inflation rate at 5.0% the highest since may 1991. Testifying before Congress, Federal Reserve Chairman Ben Bernanke suggested that inflation would go higher.The Fed last month broke a string of reductions by leaving interest rates unchanged…“The Real News”
