Nov 6th, 2009 - Bloomberg
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Nov. 6 (Bloomberg) -- The unemployment rate in the U.S.jumped to 10.2 percent in October, the highest level since 1983,casting a pall over the prospects for a sustained recovery andrisking further erosion of President Barack Obama’s popularity.
Payrolls fell by 190,000 last month, more than forecast byeconomists, a Labor Department report showed today inWashington. The jobless rate rose from 9.8 percent in September.Factory payrolls dropped by the most in four months, and theaverage workweek held at a record low.
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Jobless: 10 percent is tougher than it used to be
Nov 8th, 2009 - MSNBC
WASHINGTON - It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.
Americans have more than triple the debt they had in 1982, and less than half the savings...President Obama's voters mourn broken promises, yet still have faith in him
Nov 8th, 2009 - NY Daily News
Like millions across the nation, Stan Potratz voted enthusiastically for President Obama and his intoxicating promises of change a year ago. Now, Potratz says, the magic of that historic November night has long receded...
Geithner Says 'Continued Policy Support' Needed for Recovery
Nov 7th, 2009 - Bloomberg
Nov. 7 (Bloomberg) -- Treasury Secretary Timothy Geithnersaid the U.S. economy requires “continued policy support” torecover from a financial and economic crisis that has pushedunemployment to its highest level since 1983.
G20 pledge to support economy until recovery firms
Nov 7th, 2009 - Reuters
ST ANDREWS, Scotland, Nov 7 (Reuters) - Group of 20 financeministers and central bankers pledged on Saturday to preparestrategies to end emergency support for their economies...
UPDATE 1-Obama calls jobless rise "sobering"
Nov 6th, 2009 - Reuters
(Adds more Obama comment, background) WASHINGTON, Nov 6 (Reuters) - President Barack Obama saidon Friday the jump in the unemployment rate to 10.2 percent inOctober was a "sobering" figure that underscored the economicchallenges ahead. Obama...
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- Unemployment Payments Hit...Unemployment Payments Hit Five Year High www.EmploymentCrossing.com The number of Americans on unemployment benefits surged to the highest level since 1983, presaging a jump in the unemployment ...
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- Benefits Extension Hopes...Central Florida's jobs picture continues to grow cloudy and, for some, scary. President George W. Bush signed a bill this week extending jobless benefits by another 13 weeks -- a move that will help 300000 unemployed people in the Sunshine State.
Related stories from Digg:
Unemployment Help On The Way | WhatsUpinYourLife
The Labor Department announced today that the jobless rate has risen to over 10%. That is the highest rate since April of 1983. Also, economists are saying the unemployment rate would be 17.5% if those who have settled for part-time jobs and those who have exhausted their benefits were to be accounted for.(Business & Finance)
E7H3RFri, Nov 6th, 20093 Diggs, 0 CommentsUnemployment Extension Adds Up to 99 Weeks of Benefits
The extension comes on the same day the Labor Department announced the U.S. unemployment rate hit 10.2% in October, crossing into double-digits for the first time in 26 years as the nation’s jobless swelled to 15.7 million.(Business & Finance)
inboxnewsFri, Nov 6th, 200918 Diggs, 2 CommentsSenate passed vote for extended Unemployment benefits
It provides up to 14 additional weeks of unemployment insurance benefits to out-of-work people whose benefits are running out. The jobless in 27 states where the unemployment rate is at 8.5 percent or above will get six weeks on top of that. Supporters argue that, despite signs of economic recovery, the unemployment rate, now at 9.8 percent, contin(Business & Finance)
WantToPlayTue, Nov 3rd, 20091 Diggs, 0 Comments
