Unemployment Rate, Employee | featured news

(Image from article: "Unemployment rate rises to 9.8% as employers cut more jobs than expected")

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Employers add 151K jobs, most since May

Employers added the most jobs in five months, but the unemployment rate remained stuck at 9.6 percent for the third straight month.

Unemployment rate rises to 9.8% as employers cut more jobs than expected

A net 263,000 jobs were eliminated in September, pushing the jobless rate to a 26-year high. Stocks fall on the news. The nation's labor market took a turn for the worse in September as employers eliminated a net 263,000 jobs, far more than expected and reversing a pattern of steadily declining payroll losses in recent months, the Labor Department said today.

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