Data Points: October Job Losses

In October, 240,000 jobs were lost

By U.S. News Staff

November 10, 2008 RSS Feed Print

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

Tags:
labor,
manufacturing,
unemployment

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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.

Rick of FL 12:48PM November 12, 2008

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