Not in two whole decades — since February of 1986, to be exact — have we seen the unemployment rate in this country take as big of a jump in one month as it did in May. The unemployment rate shot up from 5 percent in April to 5.5 percent in May, the highest it's been since October of 2004. An economist from Wachovia said the abnormal leap has more to do with the Labor Department underestimating how high the unemployment rate has been for the past few months than anything else. Basically, it's been this bad for three months, the statistics just haven't showed it. So far this year, the economy has cost Americans 324,000 jobs. To top it all off, there's no recovery immediately ahead. [CNN]