October Jobs Report: Unemployment Rate Dips - Spokane, North Idaho News & Weather KHQ.com

October Jobs Report: Unemployment Rate Dips

WASHINGTON (CNNMoney) -- American employers added more jobs last month, and the unemployment rate eased slightly.

The economy added 80,000 jobs in October, the Labor Department reported Friday, little more than half as many as in September, when employers added 158,000 jobs to payrolls.

October's hiring was also weaker than expected, as economists surveyed by CNNMoney had predicted a gain of 98,000 jobs in the month. Typically, it takes at least 150,000 jobs per month just to keep up with population growth.

The unemployment rate improved slightly, falling to 9.0% from 9.1% the previous month.

Additionally, revisions from August and September added 102,000 jobs to the nation's payrolls.

Still, roughly 13.9 million Americans remained unemployed in October, 42% of whom had been out of work for 27 weeks or longer.

Another 2.6 million were considered "marginally attached" to the workforce. They wanted work, and had looked for a job sometime in the last year, but were not counted in the unemployment figures because they weren't actively searching for a job in October.

The so-called underemployment rate, which includes those people, as well as Americans who want to work full-time but are forced to work part-time, fell to 16.2%.

More than two years after the recession officially ended, the labor market is still struggling to gain back even a fraction of all the jobs lost. Only about a quarter of the 8.8 million jobs shed have since been recovered.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Disabled Spokane man mocked by Southwest Airlines employee on video

    Disabled Spokane man mocked by Southwest Airlines employee on video

    Friday, July 13 2018 9:45 PM EDT2018-07-14 01:45:30 GMT

    Spokane, Wash. 33-year-old Curtis Bonds was diagnosed with autism at the age of four and has recently started to become more independent. Bonds flew down to Los Angeles on Southwest Airlines for the Anime Expo. He was helping vendors set up for the event and says southwest airlines has been very accommodating to him in the past “I have been able to go up to the boarding attendant and say I have a disability I have a hard time standing in places for a long time and...

    >>

    Spokane, Wash. 33-year-old Curtis Bonds was diagnosed with autism at the age of four and has recently started to become more independent. Bonds flew down to Los Angeles on Southwest Airlines for the Anime Expo. He was helping vendors set up for the event and says southwest airlines has been very accommodating to him in the past “I have been able to go up to the boarding attendant and say I have a disability I have a hard time standing in places for a long time and...

    >>
  • Post Falls man in critical condition after falling off inner tube on Spokane River

    Post Falls man in critical condition after falling off inner tube on Spokane River

    Sunday, July 15 2018 12:08 AM EDT2018-07-15 04:08:05 GMT
    Backcountry vehicle travel restricted for trail grooming.Backcountry vehicle travel restricted for trail grooming.

    POST FALLS, Idaho - The Kootenai County Sheriff's Office says a 40-year-old Post Falls man is in critical condition after falling off his inner tube on the Spokane River Saturday evening.  Deputies responded to the Corbin Park area for a report of a possible drowning at around 6:00 p.m. Witnesses say the man had fallen off his inner tube and not resurfaced.  

    >>

    POST FALLS, Idaho - The Kootenai County Sheriff's Office says a 40-year-old Post Falls man is in critical condition after falling off his inner tube on the Spokane River Saturday evening.  Deputies responded to the Corbin Park area for a report of a possible drowning at around 6:00 p.m. Witnesses say the man had fallen off his inner tube and not resurfaced.  

    >>
  • Driver following too close causes 4-car crash on I-90

    Driver following too close causes 4-car crash on I-90

    Saturday, July 14 2018 7:08 PM EDT2018-07-14 23:08:34 GMT

    LIBERTY LAKE, Wash. - Update: Washington State Patrol has identified those involved in a four-vehicle crash on I-90 Saturday afternoon. Troopers say a driver was following too close and rear-ended one car, which caused a chain reaction collision. One driver was injured and taken to Sacred Heart hospital in Spokane, but his injuries were not considered life threatening.

    >>

    LIBERTY LAKE, Wash. - Update: Washington State Patrol has identified those involved in a four-vehicle crash on I-90 Saturday afternoon. Troopers say a driver was following too close and rear-ended one car, which caused a chain reaction collision. One driver was injured and taken to Sacred Heart hospital in Spokane, but his injuries were not considered life threatening.

    >>
HD DOPPLER 6i
/