U.S. jobless rate climbs above 10%

11:06, November 07, 2009      

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Unemployed persons wait to be employed on a roadside in New York, the United State, Nov. 6, 2009. The unemployment rate of the United States has exceeded 10 percent for the first time since 1983, said the Labor Department on Friday. (Xinhua/Liu Xin)


The unemployment rate of the United States has exceeded 10 percent for the first time since 1983, said the Labor Department on Friday.

The U.S. employers cut a total of 190,000 jobs in October, driving the unemployment rate to 10.2 percent.

The loss of jobs exceeded economists' expectation and it is the22nd straight month the U.S. economy has shed jobs.

The Labor Department expected the jobless rate to continue growing.

Source: Xinhua
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