October Jobs Report: Hiring Increases, Unemployment Up

From CNNMoney

The economy added 171,000 jobs in October, while the unemployment ticked up to 7.9, from 7.8% in September, the Labor Department said Friday.

Economists surveyed by CNNMoney had expected employers to add 125,000 positions in the month and unemployment to inch up to 7.9%.

Read more

 

Calculated Risk blog has more on this news including several graphs. According to CR:

Including the upward revisions, this was a much stronger report than for recent months.