Unemployment Jumps to 9.7 Percent – Political News – FOXNews.com

As typical, we can expect these numbers to increase for August after they have done a “better recounting.”

Unemployment Jumps to 9.7 Percent – Political News – FOXNews.com

The unemployment rate jumped almost half a point to 9.7 percent in August, the highest since 1983, reflecting a poor job market that will make it hard for the economy to begin a sustained recovery.

While the jobless rate rose more than expected, the economy shed a net total of 216,000 jobs

Also on Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=aa.NY.SpFOnY

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