U.S. Economy Added 151,000 Jobs in October

 

Breaking News Alert
The New York Times
Fri, November 05, 2010 -- 8:34 AM ET
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U.S. Economy Added 151,000 Jobs in October; Unemployment Rate Steady at 9.6%

The United States economy added 151,000 jobs in October, a
welcome change after four months of job losses but still not
enough to make a significant dent in unemployment, which
remained at 9.6 percent.

Private companies have been slowly expanding their payrolls
throughout 2010, according to a Labor Department report
released Friday. This private job growth had been overwhelmed
by the elimination of temporary decennial Census jobs and
state and local government jobs during the summer and early
fall, until October.

The report also offered revised figures for August and
September that showed substantially lower job losses for
those months than previously reported.

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