Economy Added Far More Jobs Than Expected in October
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The economy created 337,000 new jobs in October, nearly double the 169,000 that Wall Street was expecting. The overall unemployment rate rose marginally to 5.5 percent from 5.4 percent.
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US industrial production jumped the most in three months in October, housing starts surged and consumer prices rose, suggesting the Federal Reserve may keep raising its benchmark interest rate.
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The number of new U.S. jobs climbed  by an unexpectedly brisk 157,000 in May on a surge of hiring in  service businesses while hiring in the factory sector continued  to decline, Labor Department data showed on Friday.
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Washington: The US labor market escaped a quagmire in October, churning out a seven-month record of 337,000 jobs -- far more than predicted by Wall Street.
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The first employment survey released after the election said U.S. businesses added 337,000 jobs -- almost twice as many as expected -- last month.
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U.S. stock futures soared on Friday,  indicating the market would open higher, after October jobs  data showed a higher-than-expected increase, a positive sign  for U.S. economic growth.
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OTTAWA - The economy created another 34,300 jobs in October but the unemployment rate remained at 7.1 per cent as more people entered the labour force, Statistics Canada said Friday.
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THE NUMBERS: Employers went on a hiring spree in October, adding 337,000 new jobs, the Labor Department said Friday. The surge was the largest in seven months.
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US manufacturing probably expanded in October for the 17th month in a row as orders increased, suggesting demand for factory goods may help underpin economic growth, economists said in advance of today&#39;s industry report.
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The number of new jobs climbed by an  unexpectedly brisk 157,000 in May on a surge of hiring in  service businesses while hiring in the factory sector continued  to decline, Labor Department data showed on Friday.
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The US economy added a much better-than-expected 337,000 jobs in October, the Labor Department said, setting the stage for a third day of major gains in the stock market.
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The economy expanded faster than expected in the last quarter of 2006 and remains strong.
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The US economy created 337,000 new jobs in October, the government reported Friday, snapping a prolonged jobs slump and sparking renewed hopes that, after years
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The number of new jobs climbed by an unexpectedly brisk 157,000 in May on a surge of hiring in service businesses while hiring in the factory sector continued to decline, Labor Department data showed on Friday.
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The number of new U.S. jobs climbed by an unexpectedly brisk 157,000 in May, while factory activity improved and consumers remained upbeat, according to data on Friday which suggested the economy was bouncing back.
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European shares strongly extended gains  on Friday after data showed job creation in the U.S. economy  was double expectations at 337,000 in October.
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Business activity in the US Midwest expanded in September at a faster rate than expected, with employment growing in step with a jump in new orders, a report showed Thursday.