Friday, November 06, 2009
Breaking News: Jobless rate tops 10% for first time since '83
Date: Fri, 06 Nov 2009 07:40:43 -0600
The unemployment rate has surpassed 10% 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. The Labor Department says the economy shed a net
total of 190,000 jobs in October, less than the downwardly revised
219,000 lost in September.
