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Unemployment Dips to 8.9 Percent, 192K Jobs Added

WASHINGTON - Employers in February hired at the fastest pace in almost a year and the unemployment rate fell to 8.9 percent - a nearly two-year low. The economy added 192,000 jobs last month, with factories, professional and business services, education and health care among those expanding employment. Retailers, however,...

Opinion: One Cheer for the Unemployment Number

The sharp drop in the unemployment rate to 9 percent should be treated as good news. Any drop, after all, is welcome. But just how good this news is depends entirely on how low your expectations are for this economic recovery. After all, the unemployment rate has been at or above 9 percent for 21 months now -- a grim...

Unemployment Rate Falls to 19-Month Low of 9.4 Percent

The nation's unemployment rate dropped to 9.4 percent last month, its lowest level in 19 months. That was because more people found jobs, but also because some people gave up on their job searches.

An Unexpectedly Chilly Jobs Report for November

(Dec. 3) - The economy added just 39,000 jobs in November -- substantially less than expected. And the jobless rate rose to 9.8%. The report shows that despite a year of GDP growth, America still hasn't overcome its worst job drought in decades.

Jobless Rate Rises to 9.8 Percent as Job Growth Slows

WASHINGTON (Dec. 3) - The nation's unemployment rate climbed to 9.8 percent in November, a seven-month high, as hiring slowed. Employers added only 39,000 jobs last month, a sharp decline from the 172,000 created in October, the Labor Department reported Friday. The weakness was widespread. Retailers, factories,...

Background on jobless

Unemployment (or ), as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks.

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