U.S. jobless rate tops 10%

06 Nov 2009

The U.S. unemployment rate topped 10 percent in October, as the U.S. government warned it would.

“This past October, the economy lost 190,000 jobs,” U.S. Secretary of Labor Hilda L. Solis said in a released statement, “and the unemployment rate increased to 10.2 percent.

“We have known for some time now that the unemployment rate could reach this level, and it is an unacceptable s

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Jim Townsend