Unemployment drops to 6 percent
From the news today, employment is starting to pick up. Hopeful news.
The Labor Department (search) also made substantial upward revisions to payrolls for August and September, a sign sizzling economic growth in the third quarter translated into more jobs.
The number of workers on U.S. payrolls outside the farm sector in October soared 126,000, the largest rise since January, after climbing 125,000 in the previous month. The number far outstripped analyst expectations for a 58,000 gain.
The unemployment rate fell to 6.0 percent, the lowest since April, from 6.1 percent in September. That also beat economist forecasts for the jobless rate to remain unchanged.