Monday, February 8, 2010

U.S. Jobless Rate Now 9.7%, but Millions Fear Losing Unemployment Insurance


The U.S. unemployment rate fell from 10 percent to 9.7 percent in January, with 14.8 million workers now without jobs. Employment continued to decrease in construction and transportation and increase in retail, health care and temp work, according to U.S. Department of Labor data out this morning. Unemployment among black workers continued to worsen.