Strong Jobs Report In Spite Of Government Shutdown

The economy added 204,000 jobs in October, in spite of the 16-day government shutdown.

The Labor Department said Friday that the unemployment rate rose to 7.3 percent from 7.2 percent in September, likely because furloughed federal workers were counted as unemployed. The report noted that the shutdown did not affect total jobs.

Employers also added 60,000 more jobs in the previous two months than earlier estimated.

The figures show hiring has picked up in the fall. Employers added an average of 202,000 jobs from August through October, up from 146,000 from May through July.

By: Alan

Alan Colmes is the publisher of Liberaland.