U.S. adds 128,000 jobs in October, nearly double what economists expect
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President Trump is already celebrating a positive new jobs report.
Unemployment remained remarkably low for another month as the U.S. added 128,000 jobs in October, Bureau of Labor Statistics data out Friday reveals. That's almost double the 75,000 jobs economists surveyed by Dow Jones expected to be added, CNBC reports.
While unemployment overall did rise slightly to 3.6 percent, that's still a historically low number. The total unemployment level also hit a new high of 158,000. Black unemployment fell a tad to 5.4 percent, marking yet another new record as well.
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President Trump quickly celebrated the "blowout" numbers with a tweet, and Republican leaders also signaled their support. Kathryn Krawczyk
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Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
