Magnitude 10.2 Unemployment Earthquake

 A man looks at job listings at an employment center in Glendale, ...

A man looks at job listings at an employment center in Glendale, California in October. US unemployment has jumped to double digits in October for the first time since 1983 to 10.2%, data has showed, underscoring slow progress on curbing joblessness in an economy emerging from recession.(AFP/File/Robyn Beck)

U.S. unemployment rate hits 10.2 percent…

Unemployment hit a 26 year high 10.2 as the U.S. Jobless report was announced today. Some relief came today as President Obama signed a bill to extend unemployment benefits for another 20 weeks. Nearly a million Americans are eligible for these benefits as they find themselves in the toughest job market in a generation.

Job seekers meet with potential employers during a job fair ...

Job seekers meet with potential employers during a job fair for military veterans in September 2009 in San Francisco, California. The US unemployment rate jumped to 10.2 percent in October as 190,000 jobs were shed, the government said Friday in data highlighting ongoing struggles of an economy emerging from recession.(AFP/Getty Images/File/Justin Sullivan)

U.S. President Barack Obama speaks about the economy in the ...

U.S. President Barack Obama speaks about the economy in the Rose Garden of the White House in Washington, November 6, 2009.REUTERS/Larry Downing (UNITED STATES POLITICS)

 

Advertisements

One thought on “Magnitude 10.2 Unemployment Earthquake

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s