Friday, November 06, 2009

The unemployment rate rose from 9.8 to 10.2 percent in October

The Bureau of Labor Statistics reports:
The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm
payroll employment continued to decline (-190,000), the U.S. Bureau of Labor
Statistics reported today. The largest job losses over the month were in con-
struction, manufacturing, and retail trade.