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US unemployement rate rises upto 10.2 %

By: kalex send a private message
New York City : NY : USA | 23 days ago  
Views: 139
  • U.S. President Barack Obama makes remarks about the mass shooting at the sprawling Fort Hood army base in Texas and the rise in the unemployment rate in the Rose Garden at the White House in Washington
    U.S. President Barack Obama makes remarks about the mass shooting at ...
    Source: Reuters
  • An unemployed man departs a job center in Washington
    An unemployed man departs a job center in Washington
    Source: Reuters
U.S. President Barack Obama makes remarks about the mass shooting at ...

The jobless rate of the US rises a stunning 10.2 % for the month of October.This is the highest rate seen from the year 1983, April.The report is submitted by the US Labor Department.Its seen that in the month October only some two lakhs of jobs been lost when compared to the month of October.

From the December 2007 recession time more than eight millions unemployment been risen.President Barack Obama has expressed his concerned over the fact.

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  • News Source: Australian Broadcasting Corporation | 22 days ago
    The latest figures show the unemployment rate rose to 10.2 per cent in October, a new 26-year high. For 22 months the US economy has shed jobs, the longest run of monthly job losses in 70 years. The US Labor Department says another 190,000 jobs were...
  • News Source: Truthdig | 22 days ago
    In news that President Obama has described as “sobering,” the U.S. unemployment rate for October has broken into the double digit range, as 10.2 percent of people in the U.S. are without jobs, the highest unemployment has been since April 1983.
  • News Source: Al Jazeera | 22 days ago
    The largest job losses over the month were in construction, manufacturing, and retail trade. Long-term unemployed Tom Bemis of Marketwatch.com in London, told Al Jazeera that the US economy had grown in the last quarter and that the US...
  • News Source: Asian Wall Street Journal | 22 days ago
    Since the start of the recession in December 2007, the number of unemployed has increased by 8.2 million and the unemployment rate has grown by 5.3 percentage points. The unemployment figures for October strengthen the Federal Reserve's view that...
  • News Source: Reuters | 22 days ago
    President Barack Obama said on Friday the jump in the unemployment rate to 10.2 percent in October was a "sobering" figure that underscored the economic challenges ahead. Obama, speaking after the U.S. jobless rate unexpectedly rose to a 26 1/2-year...
  • News Source: Reuters | 22 days ago
    A jump in U.S. unemployment to 10.2 percent last month reflects the typical lag shown by the labor market as growth picks up, a top economic adviser to President Barack Obama said on Friday. "Today's employment report contained both signs of hope...
Blogs
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  • Blog Source: www.sfexaminer.com
    And many companies have cut hours for workers still on their payrolls, which means they can add those hours back before hiring new people. Diane Swonk, chief economist at Mesirow Financial, said that small businesses, a primary engine of job creation,
  • Blog Source: www.politicsdaily.com
    The US economy shed 190000 jobs in October, sending the unemployment rate to 10.2 percent, the highest number in 26 years, the Department of Labor. ... No one said there aren't plenty of people to blame for events leading up to this mess, but the "
  • Blog Source: biggovernment.com
    Barak Obama doesn't even bother lying out of one side of his mouth or the other.Now he just flat lies period.Where is the tarp money.Why won't the Fed tell anyone?Why don't they want to be audited? Tens of billions of dollars to the UAW and Chrysler
  • Blog Source: blogs.dailymail.com
    Accordingly, we can expect unemployment to rise to about 14% within a year unless the downward slide of PBI is reversed,” Woodhill wrote. So how did “real nonresidential fixed investment” do in the second quarter (April through June) and the
  • Blog Source: www.democraticunderground.com
    8:30a U.S. Oct. unemployment rises to 15.7 million 8:30a U.S. unemployment rate highest since April 1983 8:30a U.S. Oct. U6 alternative jobless rate up to 17.5% 8:30a U.S. Oct. manufacturing payrolls fall 61000 8:30a U.S. Aug., Sept. payrolls revised
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Posted By MajdoulineYachfine MajdoulineYachfine | 23 days ago
what a pitty.Anyways. the world had to expect this crisis someday..All for money and no money for all :p
Posted By ilikepopcorn ilikepopcorn | 23 days ago
weird. i love this this but it sjust really weird
Posted By hookt hookt | 22 days ago
wow... strange. i wish i had control of this
Posted By ateves ateves | 22 days ago
It'll be interesting to see this unfold more.
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  • gadyepstein

    @gadyepstein RT @quelquefois: The Unemployment Rate for People Like You [NYT] http://twurl.nl/nkk8e5 (h/t @mkshine)

    22 days ago
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    @gizmogladstone At the rate I'm going, might need an extension for my novel. Any chance they could call it NaNoWriTwoMos?

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  • michaelluo

    @michaelluo Key pt in Leonhardt story, layoff rate actually not that bad. Hiring rate, though, has been horrible. http://bit.ly/3GRCLJ

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    @nickbilton Very powerful visualization: The Unemployment Rate for People Like You http://cano.la/RZWVT/ (via @arainert)

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    @drewvigal Another dataviz from @shancarter, @kevinq and Amanda Cox RT @NYTimesVisual: The Unemployment Rate for People Like You - http://bit.ly/4gzx7L

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    @crampell The Unemployment Rate for People Like You - http://bit.ly/1C9YKp

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  • markknoller

    @markknoller Unemployment rate may yet move higher than today's 10.2%. My webpiece at http://bit.ly/3CVE05

    22 days ago
  • ldignan

    @ldignan Posted on BTL: U.S. unemployment rate highest in 26 years, at 10.2% http://bit.ly/1pnwYX

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    @markknoller WH fears unemployment rate has not topped out at 10.2%. Gibbs says "more likely than not" it'll get a little worse before it gets better.

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