Unemployment Rate - Ameren Layoffs

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A line of Ameren trucks just outside of Elmwood. All 1,200 of the cities customers were without power as of Friday afternoon.

By WEEK Producer

The nation's unemployment rate passes a notable milestone; ten percent.

The labor department reported Friday October's rate was in double–digits for the first time since 1983. The 10.2 percent figure is up from 9.8 percent in september.

This comes as a local company announces layoffs. Ameren has eliminated 300 positions through a combination of voluntary and involuntary separation programs.

About a hundred employees chose to sign up for a voluntary separation.
Of those being let go, 50 of them are union employees.

The employees will leave the company by the end of this year. Ameren officials say this is only about three percent of the company's workforce, which totals 97 hundred people.

Sunday, Nov 8 at 9:07 AM Laid Off wrote ...

Great more people to fight with for a good job around this "its better here" dump.

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