Labor Day Marked by Highest Unemployment Rate in 26 Years

Concern About Job Losses Remain Despite Stimulus
By JONATHAN KARL and HUMA KHAN
Sept. 7, 2009

The White House says the stimulus is working, but some economists are doubtful.
On this labor day, unemployment stands at 9.7 percent, the highest it has been in 26 years.

Nearly 216,000 jobs were lost last month, and in some states, unemployment figures have reached double digits.

The Obama administration says the stimulus money has helped curb layoffs and offered more help to those who are unemployed in the form of extended benefits. the rest image by zaphodsotherhead

Too many Americans working part time