A Collection of Articles, Opinions, and Research on the Economy.
Friday, December 3, 2010
Unemployment Rate Increases
Well this is not good news. The unemployment rate has increased to 9.8% for November. The economy added 39,000 which is below the expected 150,000 jobs that were forecasted. Part of the increase is from discouraged workers reentering the labor force. The labor force increased by 100,000 workers, but the number of unemployed increased by 250,000.