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U.S. Unemployment Rate Hits 10.2%, Highest in 26 Years
nytimes.com - 26 days ago
U.S. Unemployment Rate Hits 10.2%, Highest in 26 Years
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U.S. Unemployment Rate Hits 10.2%, Highest in 26 Years
October Job Losses Accelerate Again – 10.2%!
michaelscomments.wordpress.com - 26 days ago
October Job Losses Accelerate Again – 10.2%!
— michaelscomments.wordpress.com — The economic for October predictions were 175,000 non-farm jobs lost, and an unemployment rate at or just... below 10%. Just based on initial unemployment filings, I think you’d have had to count on people continuing to drop out of the system to ... (more) October Job Losses Accelerate Again – 10.2%!

Comments vote down doubleplusundead found this 26 days agofound this
nytimes.com - 26 days ago
Unemployment Rate Rises to 10.2%, Offering Little Reassurance to Job Seekers
— nytimes.com — Job seekers at a recruitment job fair conducted by Prudential Financial in New York this week.... (more) Unemployment Rate Rises to 10.2%, Offering Little ...

Comments vote down Below The Beltway found this 26 days agofound this
openmarket.org - 21 days ago
Unemployment Skyrockets: “U.S. now beating European unemployment ...
— openmarket.org — Unemployment is now higher in the U.S. than in Europe , reports the Washington Post . “The... official U.S. unemployment rate, reported last Friday, now stands at 10.2 percent,” compared to “9.7 percent” in Europe. This is the highest rate in more ... (more) Unemployment Skyrockets: “U.S. now beating ...
Comments vote down Say Anything found this 21 days agofound this

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Politics Daily:  Unemployment Tops 10 Percent for First Time Since 1983

Political Animal:  October slows slight job improvement, but rate hits 10.2%

The Caucus:  The Early Word: Unemployment Hits 10.2%

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Unemployment Tops 10 Percent for First Time Since 1983
Politics Daily — Filed under: EconomyThe U.S. economy shed 190,000 jobs in October, sending the unemployment rate to 10.2 percent, the highest number in 26 years, the New York Times reports. The jobless rate is up from 9.8 in September, and the Department of Labor revised the number of jobs slashed in September from 213,000 to 263,000.   Permalink | Email this | Linking Blogs | Comments

October slows slight job improvement, but rate hits 10.2%
Political Animal — OCTOBER SLOWS SLIGHT JOB IMPROVEMENT, BUT RATE HITS 10.2%.... The monthly job losses were better in October than September, but that didn't stop the overall unemployment rate from increasing to double digits for the first time since 1983. The United States economy shed 190,000 jobs in October, and the unemployment rate reached a 26-year high of 10.2 percent, up from 9.8 percent in September, the Department of Labor said Friday in its monthly economic appraisal. While the pace of the job losses has slowed significantly since the peak of the recession last winter, the ...

The Early Word: Unemployment Hits 10.2%
The Caucus — The unemployment rate jumped to 10.2 percent last month, the highest mark in 26 years as the nation shed another 190,000 jobs. In stark numbers, the Labor Department survey showed that 5.6 million people have been out of work for more than six months as payrolls declined. Overall in October, the number of unemployed people increased by 558,000, for a total of 15.7 million people out of work across the country, according to the report. The Times’s Javier Hernandez provides more details of the report, and analysis: “There’s no doubt that the slashing and burning of jobs has ...

ThinkFast: November 6, 2009
Think Progress — ... A new labor report this morning indicates 190,000 jobs were lost last month. Unemployment rose to 10.2 percent in October, the highest rate since April 1983 and “ ...

Morning Docket: 11.06.09
Above the Law — * Unemployment hits 10.2%. I think it's time to start throwing rotten food around at somebody. [New York Times] * Does Bernard Kerik's guilty plea end Rudy Giuliani's nightmare? [Huffington Post] * Dallas = not racist. [Courthouse News Service] * Doesn't anybody respect attorney-client privilege anymore? This isn't 'Nam. There are rules. [Am Law Daily] * Honestly, I'm more worried about gamma rays from distant black holes than I am about cell phone radiation. And no, I'm not at all worried about gamma rays. [Law.com ...

Unemployment Rises To 10.2%, Highest In 26 Years
TalkLeft — NYTimes: The United States economy shed 190,000 jobs in October, and the unemployment rate reached a 26-year high of 10.2 percent, up from 9.8 percent in September, the Department of Labor said Friday in its monthly economic appraisal. U6 rose to 17.5%. Relatedly, Paul Krugman writes today: [E]arly this year, President Obama came into office with a strong mandate and proclaimed the need to take bold action on the economy. His actual actions, however, were cautious rather than bold. They were enough to pull ...

Correlation Between Unemployment and Obama Disapproval: 99%
Open Left - Front Page — New jobless numbers out today: the official number for October is 10.2 percent. I decided to see how closely related President Obama's approval numbers are with unemployment. I used these data points for unemployment: Feb: 8.1 percent Apr: 8.9 Jun: 9.5 Aug: 9.7 Oct. 10.2 I got average disapproval numbers from Pollster.com: Feb: 24 percent Apr: 32 Jun: 35 Aug: 40 Oct: 44 When you run a simple correlation you get 0.987544 or about 99 percent. Now, correlation is not causation. These trends could be entirely independent. Lots of other things ...

Back From the Brink?
California Conservative — After the unemployment numbers were published this morning, even the NYTimes can’t sugarcoat what’s happening. Also after this month’s unemployment figures were released, Rep. Carolyn Maloney said that, yes, they’d pulled the economy back from the brink but that there’s still a long ways to go. NO KIDDING!!! Here’s the thing from the NYTimes’ article that caught my attention: Dean Baker, a director for the Center for Economic and Policy Research, said he did not expect declining unemployment rates until next spring. “We may be looking at very high levels,” Mr. ...

Unemployment Hits 10 Percent — Are Tax Credits For Homebuyers And Seniors The Best We Can Do?
Wonk Room — Back in June, President Obama predicted that the unemployment rate would eventually hit 10 percent before the recession truly ended. Well, here we are. Today, the Labor Department announced that the unemployment rate has hit a 26-year high of 10.2 percent, after employers shed 190,000 jobs in September. The wider U-6 measure of underemployment also ticked up to 17.5 percent, from 17 percent last month. The Labor Department also revised September’s losses down to 219,000 from 263,000. At the same time that joblessness continues to increase, productivity — output per hour worked — has soared (as employers ...

Remainders: #hcr
Ben Smith's Blog — Unemployment is the highest it's been since the early 1980s. Deeds never figured out how to handle Obama. Jones and Ross appear to differ. Abbas could find lame-duckhood liberating. A DNC official blames gay activists for splitting the party. Give Geoff Garin due credit. Brad Ellsworth gets a backlash. Health care bill backers are winning, on Twitter. "Scozzafavaed" makes the Urban Dictionary. Newt is outraged Obama will skip Berlin Wall commemorations. Stewart does Beck. And Tapper ...

Self Delete - Dupe
Democratic Underground Latest Breaking News — ... jobs. “The guy on the street is going to ask, ‘What recovery?’ ” said Stuart Hoffman, chief economist at the PNC Financial Services Group in Pittsburgh. “The job market is still in reverse.” The sharp rise in unemployment — which climbed from 9.8 percent in September, as the nation lost another 190,000 net jobs — intensified pressure on the Obama administration to show results from the $787 billion package of spending measures unleashed early this year to spur the economy. Read more: http://www.nytimes.com/2009/11/07/business/economy/07jo... Don't worry, no bankers were harmed ...

Related: u.s. unemployment rate hits 10.2%, highest in 26 years
Unemployment Rate Hits 10.2%
politicalwire.com 26 days ago — "U.S. unemployment rose by more than expected in October to hit its highest level in more than 26 years and employers cut more jobs than forecast, a sign the labor market continues to struggle as the economy emerges from its deep recession," the Wall ...
Jobless Nation: Unemployment Rate Hits 10.2%, Highest in 26 Years
abcnews.go.com 25 days ago — Employers shed 190,000 jobs over the past month.
Unemployment Rate Hits 10.2% — The Political Carnival
It can only go down, right? " U.S. unemployment rose by more than expected in October to hit its highest level in more than 26 years and employers cut more jobs than forecast, a sign the labor market continues to struggle as the economy emerges from its deep recession," the Wall Street Journal ...
U.S. Unemployment Rate Hits 10.2%, Highest in 26 Years — NYT > Politics
The number of unemployed rose to 15.7 million in October, as 190,000 nonfarm jobs were lost, the government said, and economists do not expect relief until next year.