Unemployment rate rises to 10.2%

Unemployment rate rises to 10.2%

Reporting from Washington - The nation's unemployment rate jumped to 10.2% in October, raising questions about the staying power of the budding economic recovery and confronting President Obama with a politically explosive new challenge.

Not since 1983, after a double-dip economic downturn had sent the auto, steel and housing industries plunging, has the jobless rate gone so high. And many economists predict that it will go higher still in coming months -- and remain high for most if not all of next year.

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