Friday, November 6, 2009

Jobless Rate at 10.2%; Broader unemployment at 17.5%

Hat tip on the Chart to Jake at econopicdata

The jobless rate for October 2009 spiked to 10.2% and if you include the underemployed, it jumped to 17.5%---That's almost 1 out of every 5 workers is looking for a better job.

The average work week remained at a low of 33 hours a week (Usually employers will start increasing hours worked, before they start hiring new employees)...

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