Private sector hiring remained robust in October, as more than 100,000 new jobs were added to the national economy for the fourth consecutive month, providing further evidence that economic recovery is continuing at a steady pace.
According to the BLS’ “The Employment Situation – October 2012” report, 171,000 jobs were generated last month, once again exceeding economists’ projections. Prior to the release of the report, many economists expected 125,000 new jobs would be created.
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