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Monday, November 8, 2010

U.S Economy Added 151,000 Jobs in October 2010

With the latest data, the U.S. economy added 151,000 jobs in October of 2010 from the U.S. Bureau of Labor Statistics. Even with the jobs added, the unemployment is still 9.6%.

The end of the U.S. Census made it difficult to see the full picture of the jobs market. The U.S has about 15 million unemployed people who are without a full-time job. The Federal Reserve is coming out with a plan to stimulate the economy by purchasing $600 billion in securities and assets.

N.Y times article. 



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