US Unemployment rate hits 9.8 %
It makes no sense to speak of recovery, when job losses increased in September; and unemployment now hits 9.8%.
For Forbes interactive map of US states' unemployment , go to:
All the talk of recession ending is confounded by one simple fact: The job market is not recovering. In September, the 22nd month since the recession began, an additional 263,000 jobs were lost, bringing the total number of unemployed to 15.1 million.
The losses were worse than August, when 201,000 jobs were lost, but better than July's 304,000. The unemployment rate rose to 9.8% from 9.7%.
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Clearlake, California, United States