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Economic Figures

Metro jobless rates fall as more workers drop out

Wednesday, October 28, 2009 6:03:10 PM
By CHRISTOPHER S. RUGABER

WASHINGTON (AP) - The unemployment rate fell in September in most metro areas for the second straight month, although that's largely because more people gave up on job searches than found new work.

"The job market is not recovering at all yet," said Jim Diffley, regional economist for IHS Global Insight. "We're looking at another jobless recovery."

The September unemployment rate fell in 223 of 380 metro areas, or about 59 percent. The jobless rate rose in 123 metro areas, and was unchanged in 34.


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Other Economic Figures

More states add jobs, but many for temporary staff Nov 20 2009 2:44PM CT
Weak jobless claims, future economic activity data Nov 19 2009 12:30PM CT
Oct. home construction, permits fall unexpectedly Nov 18 2009 8:07AM CT
Industrial output rises less than expected in Oct. Nov 17 2009 9:16AM CT
Foreign demand rises for long-term US assets Nov 17 2009 8:46AM CT
Businesses cut inventories for 13th straight month Nov 16 2009 9:12AM CT
Federal deficit sets October record of $176.4B Nov 12 2009 5:54PM CT
Consumer borrowing drops $14.8B in September Nov 6 2009 6:38PM CT
Wholesale inventories fall, sales grow in Sept. Nov 6 2009 2:04PM CT
October sales offer relief to merchants Nov 5 2009 4:27PM CT

   

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