unemployment rate

Nearly 1.2 million jobs have been lost this year. The unemployment rate is at its highest level since 1994. Retail sales were dismal last month and for automakers, October was the worst month in more than a quarter-century.

The Labor Department reports that the nation's unemployment rate rose 6.5 percent last month. The number of jobs lost were a lot higher than expected.

The report indicates that the downturn in the economy this year has been even deeper and more dramatic than most economists had expected.

The jobless rate is at a 14-year high.

Ireland's unemployment rate reaches a decade high of 6.7%, according to official figures.

Data from the Labor Department Friday showed September was the nine straight month of job losses. The nation's unemployment rate held steady at 6.1 percent.

However, employers slahed payrolls by 159,000 last month. The biggest losses came in the construction and manufacturing industries.

» E-Mail This     » Add to Del.icio.us

The U.S. unemployment rate leaped to 6.1 percent in August, the highest in nearly five years. The Labor Department released the numbers Friday, and they're worse than what many economists expected.

The economy lost another 84,000 jobs in August, and more than 9 million Americans are out of work.

» E-Mail This     » Add to Del.icio.us

The unemployment rate is now above 6% for the first time since 2003 and more than 600,000 jobs have been lost so far this year.

The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts.

Employers trimmed jobs once again in July and the unemployment rate hit a four-year high, according to a government report Friday that showed the seventh straight month of job losses .