US unemployment rate touches 6.5%, highest in 14 yrs!

More august 3 2008 Quotes

October's drop in payroll employment followed declines of 1,27,000 in August and 2,84,000 in September, as revised. Employment has fallen by 1.2 million in the first 10 months of 2008; over half of the decrease has occurred in the past 3 months. In October, job losses continued in manufacturing, construction and several service-providing industries. Health care and mining continued to add jobs