marketwatch.com - 20 days ago
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Alert Email Print By Rex Nutting , MarketWatch WASHINGTON (MarketWatch) - The U.S. unemployment rate climbed to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reported Friday. Nonfarm payrolls dropped by a seasonally adjusted 190,000 in October, ...
The Fed and the Unemployment Rate cont’d
ritholtz.com 22 days ago — November 4, 2009
In response to the recent piece we wrote about the Fed and the unemployment rate, Bloomberg anchor Kathleen Hays emailed the following: [Richmond Fed president] “Jeff Lacker told me he could see the Fed tightening before unemployment comes down when I interviewed him last ...
Unemployment in U.S. Jumps to 10.2%, Payrolls Fall
hf-implode.com 20 days ago — " The unemployment rate in the U.S. soared to a 26-year high of 10.2 percent in October and employers cut more jobs than forecast, underscoring why Federal Reserve policy makers say interest rates will remain near zero."
Employment Report: 190K Jobs Lost, 10.2% Unemployment Rate
calculatedriskblog.com 21 days ago — From the BLS : The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm payroll employment continued to decline (-190,000), the U.S. Bureau of Labor Statistics reported today. The largest job losses over the month were in ...
October 2009 job numbers —
Bubble Meter
The unemployment rate has reached the highest level since the early 1980s, rising to 10.2% in October 2009 . The last time the U3 (official) unemployment rate was this high was April, 1983 . (As a kid back then, it really didn't seem that bad—although I'm doing well now, too.) Initial weekly ...
US unemployment rate hits 10.2 percent —
The Skeptical Speculator
US unemployment continued to rise in October. Bloomberg reports :
The unemployment rate in the U.S. jumped to 10.2 percent in October, the highest level since 1983, casting a pall over the prospects for a sustained recovery and risking further erosion of President Barack Obama’s popularity. ...
Unemployment Above 10% —
Bespoke Investment Group
The unemployment rate hit 10.2% today, topping the 10% mark for the first time since June 1983. Economists are generally expecting the rate to go higher before it goes lower. Back in September 1982 when the unemployment rate moved above 10% for the first time in the post-WWII era, the rate ...
An In-Depth Look At The Unemployment Report —
Daily Markets
The widely anticipated November Unemployment Report covering the month of October was just released. Let’s dive right in and take a look at the numbers . . .
I. UNEMPLOYMENT RATE
July: 9.5%
August: 9.4%
September: 9.7%
October: 9.8%
- November Consensus Expectation: 9.9%
- ...
The value of college in a recession —
SCSUScholars
I thought I might take the latest employment report ( pdf ) and dig into Table A-4, showing unemployment rates by educational attainment: Education level October 2008 October 2009 Less than H.S. 10.4% 15.5% H.S., no college 6.5% 11.2% H.S. some college 5.3% ...
Unemployment Up To 10.2% —
Daily Markets
The Unemployment Rate for October increased by 0.4% to 10.2%, which is the largest monthly increase in the unemployment rate since April of 1983. This release comes in more than the expected rate of 9.9%, following a level of 9.8% in September and 9.7% in August, as the number of unemployed ...
Charting the Employment Data: Unemployment At 17.5% —
24/7 Wall St.
Unemployment data were released today, showing the national rate to have reached 10.2% in October, its highest level since April of 1983. This number is the Government’s headline unemployment number, which is formally referred to at U3. There is another number that the Bureau of Labor ...
An Accident Waiting to Happen —
Slope Of Hope with Tim Knight
Well, the magical double-digit unemployment rate is with us again. I don't think this has happened in about 18 years or so. In spite of the government's machinations with the numbers, it is undeniable - - the unemployment situation is getting worse. This news had an immediate effect on the ...
Six Ways We're Stifling the Unemployed —
Minyanville
Even though we brace for the worst when the unemployment numbers are announced each month it’s hard not to be shocked. With the news on Friday that the unemployment rate is now at 10.2% no one knows quite what to expect next. The only thing we do know is that some of us will struggle to ...
Double-Digit Unemployment… Just How Lagging Is It? —
24/7 Wall St.
The Labor Department has just reported the unemployment rate and non-farm payrolls data for October. It isn’t pretty. The unemployment rate screamed up into the double-digit territory to 10.2%. The non-Farm Payrolls shrank by a reading of -190,000 versus estimates of -175,000 as the ...
Unemployment claims: you can make it look good if you want —
BloggingStocks
Ten months ago again, newly laid-off unemployment claims fell to their lowest level in close to a year, suggesting that the job market may be showing signs of life. It feels like today's situation is the same. Of course, declining claims isn't the same as new hiring, but at least it suggests ...
NewsFlashr Editor’s Picks for Nov 5 —
Afraid to Trade.com Blog
It’s time for this week’s Editor’s Picks from the NewsFlashr Business Blog section!
Barry Ritholtz of the Big Picture shares two graphs of US Unemployment - one from 2004 when the unemployment rate was 5.5% and the other now from 2009 when the unemployment rate is 9.8%. Very ...
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