October unemployment report

October Unemployment Numbers Released, Unemployment Tops 10%

by Mara Strom

in Retail Jobs, Unemployment

The Bureau of Labor Statistics released the October unemployment numbers and, unfortunately, they are worse than expected. The unemployment rate rose .4% over last month to 10.2% — the highest it’s been in 26 years. Economists had predicted the rate would hit 9.9%. Also in October, 190,000 jobs were lost, putting the nation’s total number [...]