Jobless Rate Rises To 9.8% As Job Growth Slows - 8 News NOW

Jobless Rate Rises To 9.8% As Job Growth Slows

Posted: Updated:

WASHINGTON -- The nation's unemployment rate climbed to 9.8 percent in November, a seven-month high, as hiring slowed.

Employers added only 39,000 jobs last month, a sharp decline from the 172,000 created in October. The weakness was widespread. Retailers, factories, construction companies, financial firms and the government all cut jobs last month.

Private companies -- the backbone of the economy -- created 50,000 jobs. That was down significantly from the 160,000 private-sector jobs created in October and was the smallest gain since January.

With hiring so weak, the unemployment rate rose from 9.6 percent to 9.8 percent. The jobless rate has now topped 9 percent for 19 straight months, the longest stretch on record.

 

(Copyright 2010 by The Associated Press. All Rights Reserved.)

  • Las Vegas NewsLas Vegas NewsMore>>

  • BREAKING NEWS: "War Machine" back in Las Vegas

    BREAKING NEWS: "War Machine" back in Las Vegas

    Saturday, August 30 2014 1:01 PM EDT2014-08-30 17:01:13 GMT
    Jonathan KoppenhaverJonathan Koppenhaver
    Las Vegas-- The MMA fighter known as "War Machine" was booked around 8:00 a.m. Saturday morning into the Clark County Detention Center.Jonathan Koppenhaver is accused of beating up his former girlfriend Christine Mack earlier this month in a Las Vegas home, before fleeing to California. Mack suffered some broken bones and is recovering.Koppenhaver was arrested in Simi Valley, California, two weeks ago. He is expected to make his first court appearance on Wednesday.More>>
    Las Vegas-- The MMA fighter known as "War Machine" was booked around 8:00 a.m. Saturday morning into the Clark County Detention Center.Jonathan Koppenhaver is accused of beating up his former girlfriend Christine Mack earlier this month in a Las Vegas home, before fleeing to California. Mack suffered some broken bones and is recovering.Koppenhaver was arrested in Simi Valley, California, two weeks ago. He is expected to make his first court appearance on Wednesday.More>>
  • Radio troubles force Metro officers to ride 2 to a car

    Radio troubles force Metro officers to ride 2 to a car

    Friday, August 29 2014 6:40 PM EDT2014-08-29 22:40:55 GMT
    You may have noticed fewer police cars on the streets of Clark County, but according to Metro Police, it doesn't mean there are fewer officers.More>>
    You may have noticed fewer police cars on the streets of Clark County, but according to Metro Police, it doesn't mean there are fewer officers.More>>
  • Arizona defeats UNLV 58-13

    Arizona defeats UNLV 58-13

    Saturday, August 30 2014 12:57 PM EDT2014-08-30 16:57:08 GMT
    Tucson, AZ. – The Arizona Wildcats (1-0) defeated the U.N.L.V. Rebels (0-1) 41-7 in both teams season openers Friday night.Former Bishop Gorman High School standout Anu Solomon passed for 425 yards and four touchdowns for Arizona. More>>
    Tucson, AZ. – The Arizona Wildcats (1-0) defeated the U.N.L.V. Rebels (0-1) 41-7 in both teams season openers Friday night.Former Bishop Gorman High School standout Anu Solomon passed for 425 yards and four touchdowns for Arizona. More>>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KLAS. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.