Economy Adds 204,000 Jobs in October

Wait til a bunch of people get laid off from ObamaCare next year.
Check it out:

The Labor Department reported the economy created 204,000 jobs in October after adding 163,000 jobs the prior month. This is much better than was expected but still well below what is needed to bring unemployment down to acceptable levels.

The jobless rate rose a tick to 7.3 percent, further indicating the challenges ahead owing largely to recalibration of population statistics.

The government shutdown negatively affected employment, but the impact was not large. Federal employment was down 12,000 in October after falling 5,000 in September. Some contraction was to be expected owing to continuing effects of sequestration.

Subpar economic growth remains the much larger problem.



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