U.S. Creates 214,000 Jobs In October; Unemployment Rate Falls To 5.8 Percent
November 9, 2014
Mohenjo
Business
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The U.S. economy added 214,000 jobs in October, as the unemployment rate fell to 5.8 percent, the Bureau of Labor Statistics reported Friday.
Three days after voters registered their sourness about the U.S. economy, the government said Friday that employers added a solid 214,000 jobs in October, extending the healthiest pace of hiring in eight years.
The Labor Department also said a combined 31,000 more jobs were added in August and September than it had previously estimated. Employers have now added at least 200,000 jobs for nine straight months — the longest such stretch since 1995.
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Nov 09, 2014 @ 07:22:00
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