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1. Jobless rate reaches 9.8 percent in September CHRISTOPHER S. RUGABER (AP) The U.S. unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected. The report...
2. Venezuelan inflation rate hits 30 percent; South American currency planned “That’s an incredible surge,” Adrian Aguirre, an economist at Caracas-based Bancaribe SA, said in a telephone interview. “The fact that food prices rose by more than 11 percent is...
3. Is 10 percent unemployment the new normal? Fed says so “Get used to a “jobless recovery.” The Federal Reserve says the nation’s unemployment rate will stay around 10-percent this year, and eight-to-nine-percent in 2011.” “Unemployment will linger” and, it...
4. Unemployment to hit 12 percent: analysts “For the first time in at least six decades, private sector employment is negative on a 10-year basis (first turned negative in August). Hence, the changes are not merely...
5. The real truth about the unemployment rate “A true labor market depression faced those in the bottom…of the income distribution; a deep labor market recession prevailed among those in the middle of the distribution, and close...
6. US Real Unemployment Rate at 17%: ADAHow are the figures really determined? Figures for unemployment are published on a monthly basis are in fact derived from a monthly survey of 60,000 households in the United States,...

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