November Unemployment Rises to 9.8 Percent

Non-farm payrolls rose by a disappointing 39,000 jobs in November as the unemployment rate edged up to 9.8 percent, the government said Friday. November hiring rose by much less than the 150,000 jobs economists were expecting. The unemployment rate was forecast to hold steady from October's 9.6 percent, but instead it increased to 9.8 percent. Click here for more details on today's employment report. For analysis by economists, click here. The report is more bad news about hiring at a time...Full Story
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