Analysis: New jobless threshold raises stakes for Obama, Democrats For months he had warned it was coming but that didn't ease the political ...
The jump in US unemployment above 10 percent for the first time since 1983 will pressure President Barack Obama to find additional stimulus ...
US unemployment jumped to double digits in October for the first time since 1983, reaching 10.2 percent, prompting renewed talk of additional stimulus for an economy struggling to emerge from recession. Friday's Labor Department report, seen as one of the best indicators ...
US unemployment jumped to double digits in October for the first time since 1983, reaching 10.2 percent, prompting renewed talk of additional stimulus for an economy struggling to emerge from recession. Friday's Labor Department report, seen as one of the best indicators ...
Meltdown 101: Big changes in the nation's work force since unemployment last hit 10 pct The last time unemployment climbed past 10 percent, "The A-Team" was one of the top 10 TV shows and Michael Jackson was about to release "Thriller." Much ...
WASHINGTON (Reuters) - The U.S. jobless rate unexpectedly jumped to 10.2 percent last month, a 26-1/2-year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount. The Labor Department said on Friday ...
Jose Betancourt, 57, talks to a reporter outside the South Florida Workforce office in Miami, Friday, Nov. 6, 2009. Betancourt spends two hours on buses to get to a South Florida Workforce career center in the Miami area, a couple of times ...
WASHINGTON (Reuters) - A jump in U.S. unemployment to 10.2 percent last month reflects the typical lag shown by the labor market as growth picks up, a top economic adviser to President Barack Obama said on Friday. "Today's employment report contained both ...
Summary Box: Unemployment rate jumps to 10.2 percent in October, jobless recovery expected JOBLESSNESS JUMPS: The unemployment rate rose to 10.2 percent in October — a 26-year high — as employers continued to cut jobs. ROCKY RECOVERY: The economy grew in the ...
NEW YORK (Reuters) - More than half of U.S. retail chains posted October sales that fell short of Wall Street's heightened expectations, raising doubts about a widespread recovery for the holiday season. Department store chains and teen retailers in particular disappointed investor ...
The unemployment rate has hit double digits for the first time since 1983 — and is likely to go higher. The 10.2 percent jobless rate for October shows how weak the economy remains even though it is growing. The rising jobless rate ...
US unemployment jumped to double digits in October for the first time since 1983 to 10.2 percent, data showed Friday, underscoring slow progress on curbing joblessness in an economy emerging from recession. The Labor Department report, seen as one of the best ...
