Economy creates more jobs than expected; jobless rate edges up......
It is true Economy creates more jobs than expected; jobless rate edges up.......
Hiring sped up in October, showing a labor market that picked up a bit of steam in the waning days of the presidential campaign.
The Labor Department reported Friday that non-farm payrolls improved by 171,000 last month versus expectations of a 125,000 go up. The government also said 84,000 more jobs were created in August & September than initially estimated.
Job gains in October were almost across the board, with the exception of government, where payrolls fell 13,000 after three months of increase. Temporary help jobs, often seen as a harbinger for permanent hiring, rebounded from two straight months of losses.