unemployment rate

Exercises for the Reader from the January 2011 Unemployment Report

Remember in school when there was a problem so tough even the Professor couldn't figure it out? Remember how teachers and even textbooks would say this is an exercise left for the reader instead of admitting the problem wasn't easily solved? Such is our employment situation report.

Unemployment 9.6% for September 2010

The September 2010 monthly unemployment figures are out. The official unemployment rate stayed the same at 9.6% and the total jobs lost were -95,000. -159,000 government jobs were lost and private sector jobs increased by +64,000, with 16,900 of those jobs being temporary. -77,000 of the government jobs lost were temporary Census jobs. U6, or the broader unemployment measurement, jumped up to 17.1%.

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