LI jobs picture - the good, the bad and the ugly
Quick ReadThe October unemployment rate jumped to 10.2 percent, the highest in 26 years. The economy is still losing jobs, with a 190,000 loss for October.
Photo credit: Jason DeCrow | Job seekers line up to speak to recruiters from Wachovia at a job fair. (March 5, 2009)
Unemployment Rate 'disappointments' White House
Jobless Rate Tops 10 Percent, a First Since '83
The latest federal job numbers reflect the good, the bad and the downright ugly.
The ugly: The national unemployment rate for October jumped to 10.2 percent, the highest in 26 years.
The bad: The economy is still losing jobs, with a 190,000 loss for October.
The good: The losses have been narrowing since January. The current loss is about a quarter of what the economy was losing...
