October Jobs Report Shows 171,000 Jobs Created; Unemployment Rate Rises to 7.9%

The October Jobs Report is out, and the U.S. Economy added 171,000 jobs, with the Unemployment Rate rising to 7.9% as more people began looking for work. Approximately 600,000 people who had dropped out of the workforce, with 400,000 of them reporting they found some kind of work. The 200,000 who did not find work is why the unemployment rate rose. Real Unemployment, when including those who have stopped looking for work, is still at 14.6%, down just slightly from 14.7%.

Via FoxNews

Wayne Dupree

Wayne Dupree is owner and founder of WayneDupree.com. He was named to the 2017 Newsmax’s 50 Most Influential African-American Republicans. He served in the USAF between 1987-1995. He saw time in Operation Desert Storm/Shield and is the father of three. He is the host of the Wayne Dupree Show.

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