U.S. economy adds 80,000 jobs
The unemployment rate fell to 9 per cent, from 9.1 per cent
The U.S. labor market created 80,000 jobs last month. The upbeat report was due to a stronger performance of the private sector, which added 104,000 positions, while the public sector experienced cuts at all levels of government. The unemployment rate, which comes from a different survey, fell to 9 per cent in October, from 9.1 per cent in September.
Get the Best of Maclean’s straight to your inbox.
Sign up for news, commentary, analysis and promotions. Join 80,000+ Canadian readers.
By signing up, you agree to our terms of use and privacy policy. You may unsubscribe at any time.