The Unemployment Rate for April

jumped up to 6 percent for the month of April (though everybody knows the actual unemployment rate is much higher than this). It was the highest in four months. The article points out the Bush economy has lost a half million jobs in the past three months.

I doubt it will bottom out until the Republicans get at least a 7 percent unemployment rate (translation: 15 percent actual unemployment). There has to be enough people out of a job to hold wages and benefits in check for those who have jobs.