Unemployment Up: Highest Level Since April

By Scott Sarvay

December 3, 2010 Updated Dec 3, 2010 at 6:38 PM EDT

WASHINGTON (Indiana's NewsCenter) - The unemployment rate has reached 9.8 percent with employers adding only 39,000 jobs last month.

It's a decline from the 172,000 jobs created in October.

The lack of jobs is also widespread. Retailers, factories, construction companies, financial firms and the government all cut jobs last month.

Vice President Joe Biden called the latest jobs report "disappointing", and a sign that economic recovery is fragile.

Biden said Congress should act immediately to extend unemployment benefits to the millions who will lose them at the end of the year.

Biden also said, “If we don't act, almost 7 million additional workers will lose coverage over the next year. And, never before in our history when we've had unemployment at this rate have we not extended unemployment."

Biden urged the Senate to follow the House in voting to continue tax cuts for the middle class.

6th District Congressman Mike Pence released the following statement regarding the latest unemployment figures: “The economic policies of this administration have failed and nearly 15 million Americans are still struggling to find work.”




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