Results tagged “september”

Grim Jobs Report Much Worse Than Expected

Ugh, the economy. America lost 263,000 jobs in September, far more than analysts expected, and the national unemployment rate rose to 9.8 percent, according to the Labor Department's monthly report. (Last month it was announced that 10.3% of NYC is unemployed, the highest rate since the Dinkins administration.) State and local governments across the country slashed 47,000 jobs last month, and now the unemployment rate is at a 26-year high.

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