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U.S. adds 171,000 jobs, unemployment 7.9%

From marketwatch.com

The U.S. economy gained a better-than-expected 171,000 jobs in October and more people were hired in the prior two months than previously believed, but the unemployment rate ticked up to 7.9% from 7.8%, the government said Friday. Economists surveyed by MarketWatch expected a 120,000 increase in jobs, with an unemployment rate of 7.9%. Employment gains for September and August were revised up by a combined 84,000. The number of new jobs created in September was revised to 148,000 from a prior estimate of 114,000, while August's figure was revised to 192,000 from 142,000. The latest jobs report, coming just four days ... (full story)

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