Jobless: 10 percent is tougher than it used to be
It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.
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House Democratic leaders say President Barack Obama, who made a quick trip to Capitol Hill, inspired their party to pass health care legislation.
It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.
If holiday travelers on the same plane compare what they paid to fly, they're likely to find quite a spread, depending on when they bought their tickets.
A national spokesman for the Philadelphia transit system's largest union says reports of a tentative agreement were "premature" and the negotiations aimed at ending a five-day strike continue.
China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday.
Finance officials from rich and developing countries pledged Saturday to maintain emergency support for their economies until recovery is assured, but failed to reach a clear agreement to bear the cost of fighting climate change.
Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws.
In a private meeting on Capitol Hill and from the presidential podium in the Rose Garden, President Barack Obama on Saturday pressed for House passage of a health overhaul bill and told lawmakers "to rise to this moment" and "answer the call of history."
China's premier stressed Saturday that his country's push to boost already burgeoning trade ties with Africa was "sincere and selfless," as the Asian powerhouse battled criticism its quest for natural resources was at the expense of the poverty-ravaged continent.
President Barack Obama said new figures released Friday showing national unemployment has hit the double-digit mark are a sobering reminder of the challenges still facing the U.S. economy.
Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.
The national unemployment rate has surpassed 10 percent for the first time since 1983 -- and is likely to go higher.
Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended. The Labor Department said Friday that the economy shed a net total of 190,000 jobs in October, less than the downwardly revised 219,000 lost in September. August job losses were also revised lower, to 154,000 from 201,000.Three Albertson's stores in Orlando will become Sedano's. It's part of a growth plan for the Miami company.
Alabama is benefiting from Kia's assembly plant on the Georgia state line.
Threshold Pharmaceuticals Inc., a development-stage biotechnology company, said late Thursday its third-quarter loss widened on higher research, development, and interest expenses.
The last time unemployment climbed past 10 percent, "The A-Team" was one of the top 10 TV shows and Michael Jackson was about to release "Thriller."
A reality show miniseries about the Jackson family will premiere Dec. 13 on A&E, the network says. Back-to-back hour episodes will air that night at 9 p.m. EST.
One Liberty Properties Inc. on Friday said its third-quarter funds from operations rose 22 percent as rental income rose.
Jobless rate tops 10 pct. for first time since '83
An auction of oil drilling rights on North Dakota state land has fetched $71.6 million, a record haul that will go mostly to benefit public schools.