Employment Situation
Salvaterra | November 6, 2009
The latest unemployment numbers issued today by the Bureau of Labor Statistics:
In October, the unemployment rate rose to 10.2 percent, the highest since April 1983, and nonfarm payroll employment continued to decline (-190,000). The largest job losses over the month were in construction, manufacturing, and retail trade.
Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers in October, 2009 is 17.5 percent.
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