20 User Icon

Login | Create New Account | Facebook | Twitter

Homes | Jobs | Wheels | Worship | IShopTheTri | Move To Kingsport | Kingsport Chamber of Commerce
Times-News Online

Business Update -RSS

Unemployment rate tops 10 percent for first time since 1983; 190,000 jobs lost in October

By Associated Press

WASHINGTON (AP) -- The unemployment rate has surpassed 10 percent for the first time since 1983 - and is likely to go higher.

Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended. The Labor Department said Friday that the economy shed a net total of 190,000 jobs in October, less than the downwardly revised 219,000 lost in September. August job losses were also revised lower, to 154,000 from 201,000.

Sullivan County's September jobless rate was 9.2 percent. In Kingsport the September rate was 9.4 percent. The city-county unemployment data for October is scheduled for release on Nov. 25.
Complete Story... Comments (17)

Business News - Seven Day Archive
Login

CREATE NEW ACCOUNT & PUBLISH YOUR OWN NEWS

UserSign up now for your free account and submit news articles, comments, events and more.

    Local Resources

  • Jobs

    Regional Job Network

    Powerful regional job matching database. Browse current job listings and match your talents with regional employers

  • Move To Kingsport

    Move To Kingsport

    Kingsport's Official Relocation Guide - Browse the ultimate guide to the city and get started today to make the move to Kingsport.

  • ChamberZone

    Watch the Kingsport ChamberZone

    Monthly business news with Bob Feagins and Laura Steel direct from the Kingsport Chamber - Watch online at Kingsport.tv

  • Downtown

    Latest Downtown News

    The latest happenings from downtown Kingsport as GoTriCities reports on events, business owners and new improvements.


Times News Local Business Video

Reader Submitted Photos

- Upload Your PhotosView Galleries
  • Spotted
  • Spotted
  • Spotted

Free Headlines Daily via Email

    Receive the Free Daily Brief in your email box with news of the day, obits and more. Sign up today, unsubscribe anytime.

    Click here to see sample