Unemployment Up In Almost Half Of Metro Areas

[OhioChick]

Source: AP

Jobless Rate Rose In 162 Of 372 Metro Areas Tracked

1:25 pm EST December 2, 2009

WASHINGTON -- Unemployment worsened or stayed the same in most metro areas in October, the Labor Department said Wednesday, as jobs remained scarce nationwide.

The report comes a day before the Obama administration is to hold a "jobs summit" at the White House that will gather economists, academics and corporate executives to consider how the government can spur job creation.

The jobless rate rose in 162 of the 372 metro areas tracked by the Labor Department. The rate was unchanged in 42 areas. It dropped in 168 areas.

In September, unemployment had improved in 223 areas and worsened in only 123. The deteriorating trend mirrors the U.S. unemployment rate, which jumped to 10.2 percent in October from 9.8 percent in September.


Read more: http://www.newsnet5.com/station/21786064/detail.html

[ihavenobias]

1. Terrible.

You know I lost my job recently (very thankfully I found a new one a month later) and it's terrifying, especially at this point in time.

[Flaneur]

2. Worse than last month. At first, I thought it was an improvement.

But then I saw the September figures.

We're a long way from a recovery in employment.

[FBaggins]

5. Not eeasy to tell whether it's better or worse.

The top 372 metro areas are by no means homogeneous in size. The question is WHICH areas were up/down.

[ChromeFoundry]

3. K&R n/t

[Wednesdays]

4. Which means unemployment is down in the majority of cities?

:shrug:

Interesting way to frame the headline.

[pampango]

6. And dropped in 168. An improvement, but not as big as the month before. n/t

[xchrom]

7. shrug...

what can we do -- even our own leadership lags on addressing the pain of the people -- the people are not too big to fail apparently.

[Javaman]

12. I will add that to my sig line.

"the people are not too big to fail".

Very well said.

[neverforget]

8. 3 people were laid off in my office today. We're down to 12 employees now.

[defendandprotect]

9. And 38 million Americans using food stamps . . . !!!

[Javaman]

11. 1 person in every 8. That is some serious shit. nt

[Javaman]

10. But unemployment insurance claims are down!!!

that means, people are working again!!! Yayyyyy!!!!


or not and have run out of benefits.


I pick the latter.

[defendandprotect]

13. Where is talk of overturning NAFTA and other trade agreements...or re-regulating capitalism?

[OhioChick]

14. Shhhhhh......

Not supposed to bring that up.

[Javaman]

15. Quiet you!

as long as the 1% owns it all, there will be no talk of such nonsense!!! now get back to grinding the wheat!!!

Sigh.

There is no help for the 99% that actually make the gears turn.