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Unemployment Continues Stubborn Climb To 9.8 Percent

Unemployment rose to 9.8 percent in September, the Bureau of Labor Statistics reports. That's up a tick from the August rate of 9.7 percent.

The broadest measure of unemployment -- U6, which includes discouraged workers and those working part-time because all they can get -- hit 17 percent. That's up 0.2 percent from 16.8 percent in August, a bigger climb than in the headline number.



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Oct 2nd, 2009 at 09:46:43 AM EST
Of course, these figures ignore the rapid propagation of green shoots.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Fri Oct 2nd, 2009 at 09:52:43 AM EST
[ Parent ]


"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet
by Melanchthon on Fri Oct 2nd, 2009 at 10:31:51 AM EST
[ Parent ]
 a "lost decade"

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Oct 2nd, 2009 at 12:40:52 PM EST
[ Parent ]

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