NLXSK1
Well-Known Member
Markets Alert
from The Wall Street Journal
U.S. job growth accelerated in October but the unemployment rate ticked higher, signs of a steady but slow recovery as candidates make a final push ahead of next week's presidential election.
U.S. payrolls increased by a seasonally adjusted 171,000 jobs last month, the Labor Department said Friday. The politically important unemployment rate, obtained by a separate survey of U.S. households, rose one-tenth of a percentage point to 7.9%.
Economists surveyed by Dow Jones Newswires had forecast a gain of 125,000 in payrolls and a 7.9% jobless rate.
On the upside, the U6 number moved from 14.7 - 14.6%... Maybe the Dem's will start pointing to that...