A Detailed Look at the October Jobs Report with Charts

by Rachel Baker on November 8, 2013

Below are two articles from Quartz.com. One is a quick snapshot of the jobs numbers, and the other is a detailed explanation with more charts.

The US economy added 204,000 jobs in October, blowing away expectations, though the unemployment rate rose to 7.3%.

Snap Shot: http://qz.com/145174/the-surprisingly-great-us-jobs-report-for-october-in-two-simple-charts/

On the eyebrow-raising side, there was a fairly massive shrinkage in the labor force. It fell by 720,000 people. That’s the second-largest drop over the last 10 years. The largest was in December 2009, during the worst of the crisis and recession. But these numbers come from the household survey, which “appeared to be badly distorted by the surveys being conducted late” as a result of the government shutdown, say Morgan Stanley economists.

Detailed narrative and charts:

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