The unemployment rate in the U.S. jumped to 10.2 percent in October, the highest level since 1983, casting a pall over the prospects for a sustained recovery and risking further erosion of President Barack Obama’s popularity.
Payrolls fell by 190,000 last month, more than forecast by economists, a Labor Department report showed today in Washington. The jobless rate rose from 9.8 percent in September. Factory payrolls dropped by the most in four months, and the average workweek held at a record low.
Unemployment, Of Course,
continues to go through the roof:
Subscribe to:
Post Comments (Atom)
Featured Post
A Slap on the Wrist
Today, I read the news that a convicted killer who got a slap on the wrist, had once been married to Andy Williams, had a mediocre singing ...
-
Golden Tempo has won the 152nd Kentucky Derby. Jose Ortiz is the jockey. It is his first Derby win. This race is historic, for the fir... -
.jpg)
Napoleon Solo has won the 151st Preakness Stakes at Laurel Park. Iron Honor tried to make a bid at the homestretch, he couldn't quite c... -
Early today marked the passing of 1950s French icon Brigitte Bardot, who was 91 years old and had mostly been out of the limelight since ret...
No comments:
Post a Comment