The US economy lost 190,000 jobs in October, according to the latest figures from the Labor Department.The higher-than-expected figures took the jobless rate from September's figure of 9.8% to 10.2%, which was the highest level since April 1983.

The number of unemployed people rose 558,000 to 15.7 million.

Since the recession began in December 2007, the number of unemployed has risen 8.2 million, while the jobless rate has risen 5.3 percentage points.
But there was some better news with the revision of September's figure from a loss of 263,000 jobs to a loss of 219,000 jobs.

The figures were particularly shocking following Thursday's news of a fall in initial weekly jobless claims and the data earlier in the week that showed the US economy had grown 3.5% between July and September.

BBC NEWS | Business | US jobless rate rises to over 10%

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"What is the point of being an adult, if you can't be childish sometimes."

Tom Baker as The Fourth Doctor

This makes me sick, bad policies by both parties in the White House and Congress are somewhat to blame. This took years to come to be the fiasco that it is.

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You always have to remember - no matter what you're told - that God loves all the flowers, even the wild ones that grow on the side of the highway."
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Life is short, live every day like its your last

Actaully jobless rate has shown improvement the last thirty days and is expected to do the same each month, some expect things to change way to fast, not possible in reality of it all. Good trend so far.

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