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The Unemployment Rate in Perspective
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Seeking Alpha
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November 08, 2009
The U.S. Labor Department announced Friday that the unemployment rate had risen to a 26-year high of 10.2% in October - an increase of 0.4 of a percentage point, even though the labor force contracted as well. The graph below, courtesy of , illustrates the unemployment rate since 1948 and provides s...
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