Unemployment Numbers Rise as Hiring Slows

Friday, December 03, 2010

The unemployment line at the FDR memorial in Washington, D.C. (Kate Ure/flickr)

Employers added only 39,000 jobs last month — a big decline from October's 172,000. Private companies created the fewest number since January. The anemic month for the labor sector pushes the national unemployment rate from 9.6 to 9.8 percent. That's 19 months of a rate over 9 percent, the longest stretch on record. What do the new numbers mean for the economy? 

 

For more on this breaking news we're joined now by Charlie Herman, WNYC's and The Takeaway's economics editor, and Kelly Evans, economics reporter for the Wall Street Journal. 

Guests:

Kelly Evans and Charlie Herman

Comments [1]

Mary Powers from Knoxville Tennessee

I hope this might help someone else. My son came across this site careerfoo.com. I joined too. I don't work for them or anything like that. Working with them over the phone (which was nice for an older person like me) & email, I had a resume in a few hours. Never had one before. $95 bucks & I can call my career coach, get advice, update my resume. Lots of free tools if you don't sign up as well. How to deal with unemployment insurance, trade adjustment act grants, job search tools. Hope it helps someone else. Its just so tough right now.

Dec. 03 2010 05:11 PM

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