HOME PAGE


NEWS


"Don't let the noise of other's opinions drown out your own inner voice and most important, have the courage to follow your heart and intuition" Steve Job-Apple founder



Friday, November 4, 2011

US Jobless Rate Drops Slightly

The U.S. unemployment rate dropped slightly in October to hit 9 percent, while the economy had a net gain of 80,000 jobs.
Friday's report from the Labor Department says job growth in the private sector was partly offset by declining government employment.
The jobless rate is the lowest in six months, but still leaves 13.9 million Americans out of work.
The U.S. economy has recovered only a fraction of the 8 million jobs lost in the recession, which was the worst downturn in decades.
In the year before the recession began, the jobless rate averaged about 4.6 percent, around half the current rate.
voanews

No comments:

Post a Comment