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Report: 128,000 Jobs Added to U.S. Economy in October

The Labor Department released its monthly data Friday indicating there were 128,000 jobs added to the U.S. economy significantly surpassing expectations.

The U.S. economy added 128,000 jobs in October, and the unemployment rate ticked up to 3.6%, according to new data released Friday.

The monthly employment report from the Labor Department far exceeded expectations from forecasters, who predicted 75,000 jobs would be created in October, a sharp dip from 136,000 in September. Unemployment was expected to increase slightly to 3.6% from 3.5% last month, when the country saw a 50-year low.

Continue reading the full article at the Washington Examiner.

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