Unemployment Continues Its Upward March

ADP payroll figures came in at 729,000 total nonfarm jobs lost, worse than expected.  This doesn't necessarily mean that the recovery hasn't started--unemployment is a lagging indicator.  But the market sure doesn't like it.

This article available online at:

http://www.theatlantic.com/business/archive/2009/04/unemployment-continues-its-upward-march/7145/