US unemployment at 10.2%

The US unemployment rate has hit the double digit mark in October 2009, with the official figure jumping to 10.2%. There has been more job losses in the month of October 2009, due to weak economic conditions. This is the highest level of unemployment in US in the last 26 years which is haunting the Obama administration.
The US government is likely to face tougher times in the months to come because soaring unemployment base could pose serious threats.

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