Unemployment Rate Inches Back Up

The Administration is playing some more overt games with the economy, holding new regulations and even layoff notices until later in the year.


The October jobs report essentially agrees with the rest of the current data on the economy—the economy is growing slowly, too slowly to bring down unemployment rapidly. In fact, the unemployment rate rose to 7.9 percent in October and the economy created about 171,000 jobs, roughly equal to the usual number of new workers in the labor force.
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