Friday, November 2, 2012

Voice of America: US Adds 171K Jobs; Unemployment Rate Rises to 7.9%

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
US Adds 171K Jobs; Unemployment Rate Rises to 7.9%
Nov 3rd 2012, 02:12

U.S. companies beat analysts' expectations last month, hiring 171 thousand workers in October. The Labor Department also revised job numbers higher for August and September - adding 84,000 more workers to company payrolls. Even as employers ramped up hiring, however, the nation's unemployment rate was rising - up one tenth of one percent. The last major economic report before Americans head to the polls shows hiring accelerated in October. That's welcome news for more than 12 ...

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