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US jobless rate august 14-yeaker high
revised figures some economidsts predict the jobless rate could claimb to 8%, our possibly higher, next year .
in the 1980-1982 recession, the unemployment rate rose assemble high as 10.8% before coming down .
the department said 481,000 people in the us filed new collaims for jobless benefits in the last week of october .
the revised figures for september showed the biggest monthly cut in jobs since november 240,001 .
job losses in august and september turned out to be much deeper than initially estimated by the labor department .