US unemployment rate highest since 1983
Washington, October 03: The US economy continued to shed jobs in the construction, manufacturing, retail and government branches, with the unemployment rate rising to 9.8 percent in September, the government said Friday.
The rate compared to 9.7 percent unemployment in August, and was the highest since 1983.
September saw the loss of another 263,000 jobs, bringing the total jobs lost since the recession began in December 2007 to 7.2 million, the biggest decline since the Great Depression.