LOS ANGELES (AP) — Employers added the most jobs in five months in October, with the education and health care sectors leading the way.
But the unemployment rate, measured by a separate survey of households, refused to budge. It remained stuck at 9.6 percent for the third straight month.
KNX 1070’s Jon Baird Reports
The Labor Department says its survey of employers showed a net gain of 151,000 jobs last month, the most since May. Wall Street analysts expected a smaller gain.
Private employers hired 159,000 workers, while governments at all levels shed only 8,000 jobs, a much better showing than September’s sharp drop.
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