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Unemployment Rate Tops 10 Percent as 16 Million People Look for Jobs, Worse Since 1983
- November 06, 2009 14:08:47
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- +15 / -3 raves
- How many jobs have you saved Obama?
"Nearly 16 million people can't find jobs, the Labor Department said Friday, pushing the unemployment rate over 10 percent for the first time since 1983.
The Labor Department said Friday that the economy shed a net total of 190,000 jobs in October, less than the downwardly revised 219,000 lost in September. August job losses were also revised lower, to 154,000 from 201,000.
But the loss of jobs last month exceeded economists' estimates. It's the 22nd straight month the U.S. economy has shed jobs, the longest on records dating back 70 years."... Read full article »
"Nearly 16 million people can't find jobs, the Labor Department said Friday, pushing the unemployment rate over 10 percent for the first time since 1983.
The Labor Department said Friday that the economy shed a net total of 190,000 jobs in October, less than the downwardly revised 219,000 lost in September. August job losses were also revised lower, to 154,000 from 201,000.
But the loss of jobs last month exceeded economists' estimates. It's the 22nd straight month the U.S. economy has shed jobs, the longest on records dating back 70 years."... Read full article »
Top Comment
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Obama told us he had fixed the recession and bragged about all the jobs he created. How can people still support this usurper?View thread
This is so ridiculous...
another lie brought to you by the liberal progressive militant demoncraps.
http://www.bls.gov/cps/cps_ht...
"the Government conducts a monthly sample survey called the Current Population Survey (CPS) to measure the extent of unemployment in the country"
How's that hope and changey thing working for ya?
Feeling stimulated yet.... or just screwed?
YOU PROMISED!
cap & trade will send what few union jobs we still have to china while doubling the unemployment.
voters, put your reps on notice they are gone if they vote for cap & trade. pelosi hinted that cap & trade may already be a done deal.
http://www.bls.gov/news.relea...