Tuesday, December 7, 2010
US Unemployment at 9.8% as Hiring Slowed in November
VOAVideo: US Unemployment at 9.8% as Hiring Slowed in November
The U.S. unemployment rate rose to a seven month high in November as employers added fewer than 40,000 jobs to their payrolls. That's a sharp decline from October, when private sector employment grew by more than 150,000. After remaining unchanged at 9.6 percent for three months Friday's disappointing numbers helped push the nation's unemployment rate two-tenths of a point higher. Mil Arcega has more.