Economy Adds 151K Jobs, Unemployment Rate Steady at 9.6% - The American Spectator | USA News and Politics
Economy Adds 151K Jobs, Unemployment Rate Steady at 9.6%

The economy added 151,000 jobs in October, according to the Bureau of Labor Statistics, widely surpassing expectations, though the unemployment rate held steady at 9.6 percent.

The private sector added 159,000 jobs, while the government shed 8,000. The BLS also reported that the economy lost 100,000 fewer jobs in August and September than previously reported.

The news came about a week too late for Democrats, but for Obama to recover politically by 2012, the economy will have to put together a long streak of job growth and help drive down the unemployment rate.

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