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Employers shed another 240,000 jobs in October, the government reported Friday morning, the 10th consecutive monthly decline led by higher than expected drop offs in the manufacturing and services sectors. The economy has now lost 1.18 million jobs since January and the unemployment rate rose to 6.5% in October, the highest level seen since March 1994.

Here's some historical data to compare all of this.

A look at the unemployment rate going back several decades

And here's a look at current state unemployment rates and some historial highs and lows.

categories: Economic Scene

10:14 - November 7, 2008

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