Unemployment Rate Reaches Double Digits - 10.2%!

CNN coverage of the "big" unemployment rate report of October 2009: it reaches 10.2%, but job loss has slowed down.

Category:

News & Politics

Tags:

• unemployment
• rate
• exceed
• ten
• percent
• 10.2
• job
• loss
• growth
• slow
• productivity
• work
• business
• cut
• outsource
• hire
• fire
• labor
• department
• spin
• financial
• monthly
• report
• recession
• depression
• force
• gdp
• president
• barack
• obama
• george
• bush
• blame
• employment
• numbers
• cnn
• coverage
• news
• politics

[kahvas]

"Cos will start hiring overseas"-That's not just because labor is cheap, that's because governments in developing countries took very smart steps to stop job losses and recovered quickly. They were doing this when we were being promised for change.

[dietsnapple89]

2010 is going to be alot better, and all you conservatives will be eating ur words

[danmetzg]

@dietsnapple89 Its July 19th 2010....And your EATING your words....careful what you say on the internet.

[danmetzg]

@CitizenViews UNIONS!

[postchevelle]

What part of 2010? So far it's half way over and we're still in the toilet.

[joskemom]

Hey ahuitz, your 'blame everyone but Obama mentality' is lame. The economy prospered under Reagon and after the Bush tax cuts the IRS collected record revenues because the unemployment level went down as low as 4.8%. This economic disaster was the result of the fani/fredie crap. The Carter/Clinton/ACORN/DEM 'golly gee whiz would it be nice if ALL people could afford a house' idea bombed the economy. Obamanomics is killing the American economy.

[youbestbequiet]

At least there are a few who realize this. At this rate we will hit 12-14% unemployment and that means disaster for the Dems in 2010.

[joshuag5732]

Gypsies don't really predict the future. They merely read people and interpret information correctly sometimes. It isn't very impressive to predict correctly that unemployment would rise in the current economic climate. President Obama finished what George W. Bush started with the bailouts. McCain would have done the same thing.

[stonerj0e]

are they smoking crack ?

[CitizenViews]

i don't need to be a good businessman because i am in the service industry (nice poke though) and the work i do is required by law for businesses to be open.

As i said in my comment, i am very clear on what has driven a lot of self employed, trade and capitol businesses into the ground.

[joskemom]

So Obama created 1 million jobs or whatever number he comes up with at the moment. So, can Obama his job in 1212? How high does the unemployment rate have to reach before even the state controlled media relize that this Prez is a finacial disaster? Oh, I know, It is not his fault, yea.