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Jobless rate hits 10.2 percent and is forecast to climb higher

MCCLATCHY WASHINGTON BUREAU | Fri, Nov 6, 5:48 PM | 0 comments

Trend in U.S. unemployment rate

WASHINGTON -- As bad as Friday's jobs report was, showing October's unemployment rate jumping sharply to 10.2 percent, the outlook is likely to worsen for American workers well into next year. Economists expect the jobless rate to keep climbing,... Read more

Analysis: 10 percent jobless is Obama's new world

ASSOCIATED PRESS | Sat, Nov 7, 7:44 AM | 0 comments

WASHINGTON — For months he had warned it was coming but that didn't ease the political shockwaves for President Barack Obama when unemployment topped 10 percent. Read more

Obama signs bill assisting homebuyers, jobless

ASSOCIATED PRESS | Fri, Nov 6, 6:56 PM | 0 comments

WASHINGTON — President Barack Obama signed a $24 billion economic stimulus bill into law Friday, giving tax incentives to prospective homebuyers and additional jobless benefits to those idled by the business slump. Read more

Jobless rate spikes, casting doubt on recent recovery

MCCLATCHY WASHINGTON BUREAU | Fri, Nov 6, 12:00 AM | 0 comments

Jobless rates highest in 26 years

pThe nation's unemployment rate jumped to an unexpected 10.2 percent in October, throwing 190,000 more Americans out of work, raising questions about whether the budding economic recovery will endure, and confronting President Barack Obama with a... Read more

Modus Link Corp. ships Utah jobs to China

ASSOCIATED PRESS | Fri, Nov 6, 12:59 PM | 0 comments

LINDON, Utah — The U.S. Department of Labor says workers laid off in Utah by a business-services company will qualify for special federal assistance because their jobs were lost to foreign competition. Read more

Obama: Gov't working to ease pain of joblessness

ASSOCIATED PRESS | Fri, Nov 6, 11:42 AM | 0 comments

WASHINGTON — President Barack Obama says new figures showing national unemployment has hit the double-digit mark are regretful and says he's working hard to restore the struggling economy. Read more

Alabama credits 3,600 jobs to Kia's Georia plant

ASSOCIATED PRESS | Fri, Nov 6, 7:59 AM | 0 comments

MONTGOMERY, Ala. — Alabama is benefiting from Kia's assembly plant on the Georgia state line. Read more

States with jobless rates of 8.5 percent and above

ASSOCIATED PRESS | Fri, Nov 6, 5:12 AM | 0 comments

Legislation President Barack Obama is set to sign Friday would extend unemployment insurance benefits by 14 weeks for jobless people in all states who have exhausted their benefits. The jobless living in 27 states, plus the District of Columbia and... Read more

NetJets Inc. to lay off 495 pilots nationwide

ASSOCIATED PRESS | Thu, Nov 5, 3:57 PM | 0 comments

COLUMBUS, Ohio — Private air charter service NetJets Inc. says it will lay off up to 495 pilots nationwide because of a decrease in demand. Read more

AP sources: Suicide eyed in Ky. census worker case

ASSOCIATED PRESS | Thu, Nov 5, 3:55 PM | 0 comments

WASHINGTON — Investigators probing the death of a Kentucky census worker found hanging from a tree with the word "fed" scrawled on his chest increasingly doubt he was killed because of his government job and are pursuing the possibility he committed... Read more

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