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Saturday, November 21, 2009 9:00 PM

Published 11/07/2009 by Tennessean


Jobless rate is even worse than thought

WASHINGTON - Just when it was beginning to look a little better, the economy relapsed Friday with a return to double-digit unemployment for only the second time since World War II and warnings that next year will be even worse than previously thought. The jobless rate rocketed...

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What others report on the same story

World jobless rate still growing
The U.S. Labor Department said yesterday that unemployment rose to 10.2 percent in October, the highest level since 1983, despite the economy's 3.5 percent growth ... - [11/07/2009 - Columbus Dispatch]
October unemployment rate shoots past 10 percen...
Women look over job listings on display at the One Stop Career Link center Nov. 6, 2009 in San Francisco, Calif. (Getty | Justin Sullivan) Just when it was beginning ... - [11/07/2009 - Denver Post]
Stocks inch up despite jump in jobless rate; Do...
NEW YORK ? Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks slightly higher.News that the nation's unemployment ... - [11/07/2009 - USA Today]
Stock futures hold steady ahead of jobs data - [11/06/2009 - MSNBC via MSN Money]
Unemployment seen nearing 10 percent - [11/06/2009 - MSNBC via MSN Money]
Jobless rate tops 10% for first time since '83 - [11/06/2009 - Investment News]
Stocks rise as traders shrug off unemployment - [11/06/2009 - MSNBC via MSN Money]
Stocks zigzag on unemployment data - [11/06/2009 - MSNBC via MSN Money]
US stocks up; traders shrug jobs data - [11/06/2009 - Economictimes]
Stocks wobble after sour jobs news - [11/06/2009 - Crains NY Business]
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Quotes

...federal deficit. "More debt, more spending ... clearly has not worked - particularly in a time of double-digit unemployment" said Senate Republican...
Jobless rate is even worse than thought [Tennessean - 11/07/2009]
...Obama called it "a sobering number that underscores the economic challenges that lie ahead." He signed a measure...
Jobless rate is even worse than thought [Tennessean - 11/07/2009]
...Tabak & Co. "What we're seeing is a validation of the idea that a jobless recovery is perfectly on track." The Labor Department...
Jobless rate is even worse than thought [Tennessean - 11/07/2009]

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Blogs

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Unemployment hits 10.2% [Hot Air » Top Picks - 11/06/2009]
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WHAT IT TAKES TO EXTEND UNEMPLOYMENT BENEFITS.... The good news is, President Obama will sign a measure today to extend unemployment benefits for at least 14 weeks ...
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Click on the graph to enlarge. Click here for my interpretation. ...
Unemployment claims: you can make it look good ... [BloggingStocks - 11/06/2009]
Filed under: Employees, Economic dataTen months ago again, newly laid-off unemployment claims fell to their lowest level in close to a year, suggesting that the ...
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Audio/Video

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