December 4th, 2009
08:43 AM ET
7 months ago

Nation's jobless rate drops

Washington (CNN)– The nation's unemployment rate dropped to 10 percent in November, the Labor Department reported Friday.

The jobless level stood at 10.2 percent in October, the highest rate in more than a quarter century. The Labor Department also reports that employers cut 11,000 jobs last month, compared to an average of 135,000 jobs lost in the previous three months.

The release of the unemployment report comes as President Barack Obama travels to Allentown, Pennsylvania to begin what the administration calls a "White House to Main Street" tour on jobs. Thursday the president held a jobs forum at the White House.

CNN Deputy Political Director Paul Steinhauser contributed to this report


Filed under: unemployment
soundoff (51 Responses)
  1. Silence Dogoode

    Does that mean that 2% found jobs or that they fell off the radar and are no longer able to get unemployment and have had to go to the welfare rolls.....

    December 4, 2009 10:52 am at 10:52 am |
1 2 3