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The unemployment rate has hit double digits for the first time since 1983 and is likely to go higher.

The number of Americans who have been out of work for six months or longer rose to 5.6 million, a record.

October was the 22nd straight month the U.S. economy has shed jobs, the longest on records dating back 70 years.

Jobless rate tops 10 pct. for first time since '83

Posted: 2009-11-06 10:57:51


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