US new jobs figures beat expectations

[babylonsister]

http://www.bbc.co.uk/news/business-11701486

US new jobs figures beat expectations



The US unemployment rate remained unchanged at 9.6% in October, but 151,000 jobs were created, the Labor Department has said.

The new jobs figure is much higher than analysts had expected amidst the sluggish recovery of the economy.

The unemployment rate has now been at the current level for three month.

The US Federal Reserve announced on Wednesday it would pump $600bn (£373bn) into the US economy to boost the speed of recovery.

High unemployment was named as one of the reasons for the intervention.

The October unemployment rate itself was in line with Wall Street forecasts.

[indy legend]

1. Wow, the Republicans are creating jobs already (sarcasm)

they will find a way to take credit for it, right wing radio and fux news will parrot it and all the teafuck morons will believe it.