Quantcast

The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

This post received 205 Money Blog views

Stock Investing > Mishs Global Economic Trend Analysis

Jobs Contract 22nd Straight Month; Unemployment Rate Hits 10.2%

Mike Shedlock | Fri, 11/06/2009 - 7:34pm | economic commentary, labor statistics, Mish |  1 comment

Rank this post

0

1 comments

This morning, the Bureau of Labor Statistics (BLS) released the Odctober Employment Report . The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm payroll employment continued to decline (-190,000), the U.S. Bureau of Labor Statistics reported today. The largest job losses
... Read the full post

Comments

Please or register to post comments.

Government need to take the

Harold | November 9, 2009, 2:34 am

Government need to take the issue of unemployment seriuosly. They need to provide a plan the will last in a long run. Unemployment deprives every individual to have a decent way of living.Anyway have you heard the latest buzz that Nicholas Cage had sued his former manager, who seems to be the prime culprit after seriously mishandling his funds, and pocketing millions in fees, leaving Cage holding the bag on bad real estate deals. The amounts in the Nicholas Cage broke reports are more than payday lenders could lend him. To scare up the cash, according to People Magazine and others, he's auctioning off homes that he owns.