TheNewsRoom | Unemployment Jumps to 10.2 Percent

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Unemployment Jumps to 10.2 Percent

November 06, 2009

The Labor Department released the latest employment report this morning, and the results do not bode well for a sustainable economic recovery. Employers cut 190,000 jobs in October, and drove the unemployment rate to 10.2 percent, the highest in 26 and a half years.