General

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.

The Wall Street Journal

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