Updated:
Original:

Unemployment now at 9.8 percent

Unemployment rose in September to 9.8 percent, according to the U.S. Department of Labor.

The economy lost 263,000 jobs last month, more than was forecast. The largest job losses were in construction, manufacturing, retail trade and government. The August unemployment rate was 9.7 percent.

Since the start of the recession in December 2007, the number of unemployed people has increased by 7.6 million to 15.1 million, and the unemployment rate has doubled to 9.8 percent, the Labor Department says in a report released today.

Click here for a story in today's Washington Post.

Related

‘A Phenomenal Success’

The Southampton International Boat Show had more than 88,000 visitors during its 10-day run, after last year’s cancellation.

TopSide Marinas Makes First Two Acquisitions

Founded in January 2020, the firm has thus far acquired Beavers Bend Marina in Oklahoma and Galveston Yacht Basin in Texas.

Two Boosts for Boating and Fishing

MBIA’s Metro Boat show show draws a crowd, and the U.S. Fish and Wildlife Service expands boating and fishing opportunities.

Norwalk Boat Show Held This Weekend

The NMMA show runs through Sunday at Norwalk Cove Marina in Norwalk, Conn.

Raritan Expands Team

Patrick McNeel joins the New Jersey-based manufacturer as a marine equipment product developer.

Industry Mourns Walter “Bing” Burns O’Meara

The longtime publisher of Lakeland Boating magazine has died at 81.

NMMA Announces Hall of Fame Inductees

Regulator Marine’s Joan Maxwell and Bill Watters of Syntec Industries will be honored at IBEX.

Brunswick Acquires SemahTronix

The supplier of wiring harnesses and other electrical assemblies will be part of Brunswick’s growing Advanced Systems Group.