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Economic Growth

Workers

Jobs Data Flash: Shutdown Edges Unemployment Rate up to 7.3 Percent

The October employment report showed a sharp divergence between the household and the establishment survey. The establishment survey showed a surprisingly strong gain of 204,000 jobs in October, in addition to upward revisions of 60,000 to the prior two months data. Job gains were broadly spread across industries. Especially noteworthy was a 19,000 increase in manufacturing employment, the largest gain in the sector since an increase of 23,000 in February.

Dean Baker / November 08, 2013