The US Department of Labor will host 120 veterans’ job fairs in 31 states including one in San Diego this month. The new numbers released Friday by the Labor Department show the job market deteriorating at an alarming rate. Also Friday: The Labor Department announced the jobless rate had surged to 6.5%, the highest in more than 14 years. farm payroll employment fell by 127000 in August and 284000 in September, the Labor Department reported. _ The Labor Department's unemployment report was expected to show net job losses for October to total about 200000. Robert Shoeman, veterans unemployment representative for the state Labor Department, said many of the faces were familiar.
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