Unemployment Rate Hits 10.2%, a 26-Year High

The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm payroll employment continued to decline (-190,000), the U.S. Bureau of Labor Statistics reported yestoday.
In October, the number of unemployed persons increased by 558,000 to 15.7 million. The unemployment rate rose by 0.4 percentage point to 10.2 percent, the highest rate since April 1983. Since the start of the recession in December 2007, the number of unemployed persons has risen by 8.2 million, and the unemployment rate has grown by 5.3 percentage points.

See full data from bls.gov.

New Unemployment Compensation Extension Act Passed

The U.S. Senate late Wednesday unanimously passed the new Unemployment Compensation Extension Act on a cloture vote 97-1 and the president is planning to quickly sign the legislation on Friday.

The New Unemployment Compensation Extension will provide up to 14 additional weeks of emergency unemployment benefits for all 50 states and another six weeks -- for a total of 20 weeks -- of benefits for states where unemployment is 8.5 percent or higher.

Learn more from here.

More Unemployment Benefits Extension

NEW YORK (CNNMoney.com) - Good news to millions of unemployed people!! The Senate starts the voting process of extending unemployment insurance by 14 or 20 weeks to help Americans hit by rising joblessness. The result will come out in next week.

Unemployment last month hit a 26-year high of 9.8%. Experts all expect the rate to over 10%, so it's a right and urgent thing to supporting these Americans as they look for work and struggle to raise their families and pay their bills.

Learn more from here.

www.GeorgiaJobs.com - Georgia Jobs Search

www.GeorgiaJobs.com (or www.GAJobs.com) is a #1 online resource for employers and job seekers in Georgia.

Check out the website, you can search the Job Board, post your resume in Resume Database and get Job Match notifications on Daily, Weekly and Monthly email notification. (Registration is not required to search the Job Board.)

Costco Employment Application Online

If you're looking for a career in Costco, the largest membership warehouse club chain, you can go to their online employment system to apply for your ideal positions.

The company offers diverse career opportunities including warehouse setting, merchandising and operations as well as Accounting, Buying, Graphic Arts, Journalism, Information Systems, Human Resources, and Legal for their home and regional offices in many other areas.

Click here to review job descriptions and download the application forms.

Here is a sampling of Home and Regional Office job opportunities at Costco.

Do You Think The Recession is Over?

From Reuters,

The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey of 44 professional forecasters released by the National Association for Business Economics.

Most of the respondents believed the economy was growing again after four straight quarters of declines and the recession was over. Read more
But the unemployment rate was 9.8 percent in Septemper -- a 26-year high. Do you think the recession is over?

www.Floridajobs.com - Jobs in Florida

www.floridajobs.com is a website that offers featured job positions for job seekers in Florida. And it also offers numerous tools to help you manage your career, including career email notifers, resume database and distribution services, continuing education guide, and more. All these are free, and you just need to sign up in some steps.

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