Delaware Liberal

Unemployment Rate Drops to 9.7%

The number of employed Americans has risen by 541,000 since the last Jobs report, while an additional 20,000 jobs have been lost. The jobs report from November has been revised up to show a gain of 64,000 jobs. But the news is not all good, as the continued revisions to previous jobs reports of 2009 to show 1,300,000 more in job losses. All told, the Labor Department says the Great Recession has eliminated 8.4 million jobs. That’s the most of any recession since World War II as a proportion of total payrolls. Thanks Republicans for your wonderful stewardship of our economy.

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