U.S. unemployment rate reaches 9.8%

Nation sheds more jobs than expected
The unemployment rate rose to 9.8 percent in September as employers cut far more jobs than expected, evidence that the longest recession since the 1930s is still inflicting pain.

Nov. national jobless rate falls to 10%
The unemployment rate unexpectedly fell to 10 percent in November as employers cut the smallest number of jobs since the recession began.

Economy sheds fewest jobs since 2007
The unemployment rate fell to 10 percent in November as employers cut the smallest number of jobs since the recession began.

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