Friday November 22, 2019
| Última actualización: Thursday at 11:40 PM

Job Losses Up in September

by Adam Price |
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On Oct. 3, the Department of Labor reported that 263,000 jobs were lost in September, an increase of 50,000 over the jobs lost in August. So far more than 7 million jobs have been lost since the recession began in December of 2007. The official unemployment rate rose to 9.8% in September, from 9.7% in August, double the 4.9% unemployment rate when the recession began. This is the highest level of unemployment since 1983. These facts show that despite the talk of a ‘recovery’ in the corporate media, there is not recovery for working people.

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