BREAKING NEWS: 204k jobs added in October – click for more info


The American economy added 204,000 jobs in October, widely beating estimates of an increase of 125,000. The unemployment rate rose by 0.1 percentage point to 7.3%, matching forecasts. The labor force participation rate – a measure of the proportion of the population employed or seeking employment – dropped to 62.8%, the lowest level since March 1978.