The US unemployment rate dropped by a modest point-1 percent in October to finish at 9 percent. It’s the first time the jobless rate has fallen since July and is the lowest rate since April.
Job growth in October was much stronger than first thought, raising hopes that the world’s largest economy is inching out of its job crisis.
The latest glimpse of the stumbling jobs market hints at some improvement. US companies added 80,000 jobs to non-farm payrolls in October.
While that was less than expected, the unemployment rate dipped to a six-month low of 9 percent and upward revisions to prior months’ job gains pointed to a strengthening labor market. But it’s still not enough to get more of the 13.9 million unemployed workers in the U.S. back to work anytime soon.
Gene Sperling, Director of National Economic Council, said, "When you are coming back from the worst recession, the worst downturn since the Great Depression, you are just in a very deep hole and this level of job growth, in growth, is just not even close to good enough."
Private employers led the way last month, adding 104,000 workers, across the board. Those gains helped offset a drop in government payrolls and construction jobs.
vivi笔记：
unemployment rate：失业率
job crisis ：就业危机
non-farm payrolls：非农业就业人数
labor market：劳动市场
National Economic Council：国家经济委员会
Great Depression：大萧条
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