Report Shows a Mere 80,000 Jobs Added in U.S. in October

Report Shows a Mere 80,000 Jobs Added in U.S. in October –

U.S. added 80,000 jobs in October; Unemployment rate dipped to 9% as more unemployed dropped from the rosters.

The United States had another month of mediocre job growth in October, the Labor Department reported Friday. Still the U.S. is doing better than New Jersey where the number of jobs has declined and the N.J. Department of Labor has not even posted data in its website since August.

U.S. Employers added 80,000 jobs in October, slightly less than economists had been expecting. The figure for September was revised upward to 158,000, from the initially reported 103,000, in a month when the figure was helped by the return of 45,000 Verizon workers who had been on strike.

The unemployment rate, from a different survey, declined slightly to 9 percent, from September’s 9.1 percent.