The nation’s official unemployment rate remains at 9.6 percent even though the private sector added 159,000 jobs in October. The Economic Policy Institute reports if the rate of job growth were to continue at October’s rate, it would take 20 years for the economy to return to prerecession unemployment rates. There were a total of 26.6 million workers who were either unemployed or underemployed last month.
Nation’s Unemployment Remains at 9.6%
HeadlineNov 08, 2010