Nov 6th, 2009 - Wall Street Journal
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WASHINGTON -- U.S. unemployment rose by more than expected in October to hit its highest level in more than 26 years and employers cut more jobs than forecast, a sign the labor market continues to struggle as the economy emerges from its deep recession.
The unemployment rate, calculated using a survey of households as opposed to companies, rose by 0.4 percentage point to 10.2%, the Labor Department said Friday. Economists surveyed by Dow Jones Newswires had forecast an increase to 9.9%.
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Dollar Falls as Job Losses Anchor Fed's Pledge to Keep Rate Low
Nov 7th, 2009 - Bloomberg
Nov. 7 (Bloomberg) -- The dollar fell against the euro onspeculation the Federal Reserve will keep borrowing costs nearzero into next year after the U.S. unemployment rate exceeded 10percent for the first time since 1983.
Unemployment Rate Hits 10 Percent For The First Time Since 1983
Nov 6th, 2009 - The Huffington Post
WASHINGTON — The unemployment rate has hit double digits for the first time since 1983 – and is likely to go higher.
The 10.2 percent jobless rate for October shows how weak the economy remains even though it is growing...Jobless Rate Hits 10.2%
Nov 6th, 2009 - BusinessWeek
The U.S. unemployment rate jumped from 9.8% to 10.2% in October, the U.S. Bureau of Labor Statistics reported on Nov.6. That rate exceeds economists' estimates of 9.9% and is the highest since April 1983.
Jobless rate tops 10 pct. for first time since '83
Nov 6th, 2009 - Forbes
The unemployment rate has surpassed 10 percent for the first time since 1983 - and is likely to go higher. Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended...
Japan jobless rate falls for second straight month
Oct 30th, 2009 - Heraldtribune
TOKYO - Japan's unemployment rate fell for the second straight month as companies gained more confidence in the stimulus-fueled global recovery but prices continued to tumble...
Related videos from YouTube:
- US jobless rate tops 10%The US unemployment rate surged to a more than 26-year high of 10.2 percent in October and economists fear the rate will climb even further.
- Jobless rate tops 10 percentThe unemployment rate has hit double digits for the first time since 1983 — and is likely to go higher. The 10.2 percent jobless rate for October shows how weak the economy remains even though it is growing ...
- Jobless Rate Tops 10 Percent...The unemployment rate has surpassed 10 percent for the first time since 1983, and is likely to go higher. The AP's Mark Hamrick says this is the 22nd month the economy has lost jobs, the longest on record. (Nov. 6)
- US jobless rate tops 10%The US unemployment rate surged to a more than 26-year high of 10.2 percent in October and economists fear the rate will climb even further.
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WSJ.com - Grim Milestone as Jobless Rate Tops 10%
The jobless rate jumped to 10.2% in October, the first time above 10% since the early 1980s. A total of 15.7 million Americans are out of work.(Business & Finance)
stankbSat, Nov 7th, 20091 Diggs, 0 CommentsJobless rate tops 10% for first time since '83
When will the recession be over??!!!(World News)
slaneyfivestarFri, Nov 6th, 20091 Diggs, 0 CommentsOctober Jobless Rate Tops 10% - WSJ.com
Nonfarm payrolls fell by 190,000 last month as the unemployment rate hit its highest level in more than 26 years and employers cut more jobs than forecast.(Business & Finance)
alexceciliaFri, Nov 6th, 20092 Diggs, 0 Comments
