The United States economy created a modest number of jobs in October, the Labor Department reported Friday. Employers added 80,000 payroll positions on net, slightly less than what economists had expected. That compares to 158,000 jobs in September, a month when the figure was helped by the return of 45,000 Verizon workers who had been on strike………
The unemployment rate was 9 percent in October, slightly lower than September’s 9.1 percent but little changed from where it has been for the last seven months.
via Report Shows Gain in Jobs but Growth Still Sluggish – NYTimes.com.