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Years In The Making: Unemployment Has Been Rising For 34 Months Now

Summary by dailytorch.com
By Robert Romano The U.S. unemployment rate jumped to 4.6 percent in November following the government shutdown as the unemployment level rose to 7.8 million, the highest since October and September 2021, respectively, the latest data from the Bureau of Labor Statistics (BLS) shows. Which, again, is usually what happens after peak inflation — it reached 9.1 percent in June 2022 — and the economy is still reeling. The unemployment level is now up…

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dailytorch.com broke the news in on Tuesday, December 16, 2025.
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