RSSNov. jobless rate falls to 10%; 11K jobs cut
From: The Washington Times | December 4, 2009
UPDATED: The U.S. unemployment rate declined to 10 percent in November from 10.2 percent in October, the Labor Department reported Friday morning. Payroll employment fell by just 11,000 workers, a significantly smaller decline than analysts expected. Payrolls have now fallen for 23 months in a row since the recession began in December 2007. Unemployment last month totaled 15.4 million workers, 325,000 fewer than in October. Before the jobless rate surpassed the 10 percent level in October, the U.S. economy had not experienced double-digit unemployment since 1983. Since the recession began in December 2007, official Labor Department data reveal that employers ...
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