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2012-11-02

The unemployment rate inched up to 7.9 percent from 7.8 percent in September because the work force grew - CNBC

U.S. employers added 171,000 jobs in October and hiring was stronger over the previous two months than first thought.

The unemployment rate inched up to 7.9 percent from 7.8 percent in September because the work force grew.

The rate ticked up because more people without jobs started looking for work. The government only counts people as unemployed if they are actively searching.

Unemployment Report: Final Fodder for Election - U.S. Election 2012 - CNBC

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