High Unemployment Rate Spoiling Recovery Rate The unemployment rate jumped almost half a point to 9.7 percent in August. That's the highest level since 1983. A poor job market will make it hard for the economy to begin a sustained recovery. The recession has eliminated a net total of 6.9 million jobs since it began in December 2007. There are now 14.9 million Americans unemployed.
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High Unemployment Rate Spoiling Recovery Rate

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High Unemployment Rate Spoiling Recovery Rate

High Unemployment Rate Spoiling Recovery Rate

High Unemployment Rate Spoiling Recovery Rate

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  • <iframe src="https://www.npr.org/player/embed/112551228/112553983" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The unemployment rate jumped almost half a point to 9.7 percent in August. That's the highest level since 1983. A poor job market will make it hard for the economy to begin a sustained recovery. The recession has eliminated a net total of 6.9 million jobs since it began in December 2007. There are now 14.9 million Americans unemployed.