39K jobs added in November; 9.8 percent unemployment
Tina Grady Barbaccia | December 3, 2010
Just as the Federal Reserve decides to add more money into the economy to stimulate growth, unemployment rates rose unexpectedly as employers added fewer jobs in November than originally forecast, according to a Bloomberg News report.
However, the news agency surveyed economists, and the latest employment numbers, are less than the economists most pessimistic projections. According to Bloomberg News, payrolls increased 39,000. The jobless rate rose to 9.8 percent — the highest since April, according to the U.S Department of Labor figures.
MORE FROM Economics
- Think you're a good driver? Try staying in these crooked lanes [VIDEO]915 Views
- Vehicles covered in oil and grime after construction project gone wrong840 Views
- How to avoid highway work zone injuries and deaths745 Views
- Turn Around! FDOT seeking ways to alert wrong-way drivers633 Views
- VIDEO: Semi hauling an excavator plows through a guardhouse while pulling onto college campus422 Views