jobless rate

The economy in February shed 36,000 nonfarm jobs, fewer than forecast, as the unemployment rate held at 9.7 percent, the Labor Department said on Friday.

The unemployment rate dropped unexpectedly in January to 9.7 percent, while employers shed 20,000 jobs, according to a report that offered hope the economy will add jobs soon.

Revisions to earlier months’ data show a downturn deeper than had been thought, raising concern that a recovery would be slow to come.

Revisions to earlier months’ data show a downturn deeper than had been thought, raising concern that a recovery would be slow to come.

The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.

A record 20 million-plus people collected unemployment benefits at some point in 2009, a year that ended with the jobless rate at 10 percent.

Many workers aged 16 to 24 who took jobs when the Spanish economy was healthy are now out of work as the unemployment rate for the group nears 43 percent.

In the strongest jobs report since the recession began, the government reported that the jobless rate fell to 10 percent, as the nation’s employers all but stopped shedding jobs in November.

The jobless rate rose in most Illinois metropolitan areas in October.

It hurts more now to be unemployed than the last time the jobless rate hit 10 percent, what with higher rates of indebtedness, less than half the savings and ballooning health costs.