US Adds 161,000 Jobs, Unemployment 4.9%

[Boreas]

Originally Posted by bobabode

"The U.S. labor market turned in another solid month as employers added 161,000 jobs in October and the unemployment rate dipped back down to 4.9%, the Labor Department said Friday.
There was also good news on workers' pay, which accelerated last month. The average hourly earnings of all private-sector workers rose by 10 cents to $25.92 in October — up 2.8% from a year ago." LA Times

http://www.latimes.com/business/la-f...104-story.html

Thanks Obama. Steady as she goes.

This should assure his re-election.