Friday, November 4, 2011

October: Jobs and 9% Unemployment

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New York Times:

Report Shows a Mere 80,000 Jobs Added in U.S. in October

The United States had another month of mediocre job growth in October, the Labor Department reported Friday.

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CNN/Money

October jobs report: Unemployment rate dips

October's hiring was also weaker than expected, as economists surveyed by CNNMoney had predicted a gain of 98,000 jobs in the month. Typically, it takes at least 150,000 jobs per month just to keep up with population growth.

The unemployment rate improved slightly, falling to 9.0%...

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Wall Street Journal

Private Sector Adds Jobs, but Unemployment Stubborn

U.S. companies kept adding workers to their payrolls in October, and data for the previous two months were revised higher, but the gains made only a small dent in the high unemployment rate.

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Links:
CNN: http://money.cnn.com/2011/11/04/news/economy/jobs_report_unemployment/index.htm
WSJ: http://online.wsj.com/article/SB10001424052970203804204577017573707549462.html
NYT: http://www.nytimes.com/2011/11/05/business/economy/us-added-80000-jobs-in-october.html

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