Unemployment Rate Cracks Double-Digit Barrier at 10.2%, Boosting the Odds of a “Jobless Recovery”

US unemployement rate rises upto 10.2 %

By: kalex

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 ...

19 days ago

As Unemployment Tops 10%, Obama Offers Same Old, Tired “Reassurances�...

By: CitizensForHonestGovernment

Hours after the national unemployment rate was announced to be at 10.2% today, President Obama trotted out to the White House Rose Garden to repeat the same old, tired remarks which he says after every new hike in the unemployment rate, “…my entire administration is spending every minute of the day working on fixing our economy and ...

19 days ago

Job loss rate plays part in US election

By: MotorsportReport

The key number in next year's U.S. congressional election may be the unemployment rate, which last month hit a 26-year high of 9.8 percent. The figure helps explains why creating jobs is a top priority in the Democratic-led Congress where lawmakers know their own jobs are at stake if they fail to deliver. In next year's election, the Democrats ...

24 days ago

American's rally against amnesty across the country

By: kimberlydvorak

On a Friday afternoon when Americans were reeling from a terrorist massacre in Fort Hood, learning the mastermind of 9/11 will be tried in federal court like any other common criminal, the Obama Administration dusted off the 2007 immigration reform plan to resuscitate amnesty. The Obama team can’t seem to get past the campaign trail. ...

9 days ago