Data Points: October Job Losses
In October, 240,000 jobs were lost
Posted November 10, 2008
240,000: Jobs lost in the U.S. economy in October
10.1 million: Number of Americans who are unemployed
6.5%: Unemployment rate as of October
0.4%: Increase in the unemployment rate in October
1.7%: Increase in the unemployment rate over the past 12 months
1.2 million: Job losses in 2008 for the manufacturing, construction, and service-providing industries
Source: Bureau of Labor Statistics
Reader Comments
misleading
that stat of 6.5% is very misleading,because it dosen't reflect the people who have ran out of unemployment benefits. Once you have exhausted your benefits,your no longer considered unemployed and your not counted in the national unemployment list. Tell the TRUE Percentage of people unemployed! i'll bet its DOUBLE your quote.
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