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Posted on November 5, 2010 | tags

 
 

Biz: Unemployment stays put despite genuinely solid job growth

  • 151,000 the increase in hiring in October – mostly on the back of private sector jobs, which is really good
  • 9.6% the current unemployment rate, which didn’t improve even though jobs numbers were strong source
  • » Far better than predicted: Economists were expecting a hiring increase of around 60,000 in October, which was more than doubled. So hey, that’s a positive!