Employers Add 151,000 Jobs, Most Since May
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.
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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