KQED Nightly Business Report November 7, 2015
Report was anything but. In fact, it was the best number of 2015. Employers added 271,000 jobs last month. Thats about 90,000 more than economists were expecting. The Unemployment Rate inched lower to 5 . Hampton pearson digs into the numbers. Reporter the blockbuster october jobs report produced the biggest monthly increase in new jobs in nearly a year and saw the headline Unemployment Rate drop to 5 , the lowest in 7 1 2 years. Try to spin it some other way but it is really good news. I think this is good news. If the fed goes a quarter point i dont think that kills the economy. Long from it...