Wednesday October 28, 2020
| Última actualización: Wednesday at 7:11 AM

Unemployment Tops 10% In October

by Adam Price |
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San José, CA - On Friday, Nov. 6, the Labor Department reported that the official unemployment rate for October rose to 10.2%, from 9.8% in September. This is the first time since 1983 that the unemployment rate has topped 10%. A survey of businesses showed that 190,000 more jobs were lost in October, bringing the total number of jobs lost since the recession began in December 2007 to 7.3 million. These figures were worse than what mainstream economists expected and confirmed the fact that there is no recovery for working people.

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