JOBLESS RATE ROSE TO 9% FOR MARCH, MATCHING RECORD
The nation's unemployment rate rose to 9 percent in March, matching the highest level since World War II, the Labor Department announced today. There were nearly 9.9 million people out of work. The unemployment rate tied the postwar record set in May 1975, at the end of the 1973-75 recession. Most economists expect the unemployment rate to continue to rise in the next several months, even if an economic recovery begins soon. ''One can expect the unemployment rate, if it behaves as it has in the past, to continue upward,'' said Janet L. Norwood, the Commissioner of Labor Statistics.
