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Keyword: usunemployment

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  • This Is Progress? Jobs Data Optimism Obscures Harsh Reality

    12/04/2009 1:41:59 PM PST · by ErnstStavroBlofeld · 3 replies · 626+ views
    Yahoo Finance ^ | 12/04/2009 | Chris Nichols
    If you still have a job, maybe Friday's numbers from the Labor Department will give you a chance to exhale. Since the recession began in December 2007, the employment market, for the most part, has been one negative headline after another. Now, we've learned that the U.S. lost only 11,000 jobs in November, that the unemployment rate surprisingly ticked down from 10.2% the previous month to only 10%, and that for the prior two months the total of jobs lost actually wasn't as bad as initially thought. The last time the data were so bright, if they can be called...
  • U.S. Sept. Payroll Losses Accelerate To 263,000 (unemployement 9.8%)

    10/02/2009 5:40:51 AM PDT · by Perdogg · 198 replies · 5,694+ views
    The U.S. labor market weakened in September as 263,000 payroll jobs were lost and the unemployment rate rose a tenth to a 26-year high of 9.8%, the Labor Department reported. It was the 21st consecutive month of job losses.
  • Unemployment rate to rise, could hit 10 percent

    10/01/2009 10:27:28 PM PDT · by bkopto · 88 replies · 3,601+ views
    AP ^ | October 1, 2009 | CHRISTOPHER S. RUGABER and MARTIN CRUTSINGER
    The unemployment rate hasn't topped 10 percent since June 1983, but it could return to that painful level soon — possibly as early as Friday, when the Labor Department issues its monthly jobs report....