addendum - The timing is too coincidental here. We have a positive uptick in employment 4 days after the party in charge of rehabilitating the economy is booted from the House. You can draw your own conclusions but this was a slap in Obama's face. Make no mistake.
Reuters: Economy adds 151,000 jobs in October
In addition, the government revised payrolls for August and September to show 110,000 fewer jobs lost.
Economists had expected payrolls to increase 60,000 last month, with private employment rising 75,000.
Concern over the anemic job market was a factor behind the Federal Reserve's decision this week to pump an additional $600 billion into the economy through government bond purchases to push interest rates down further and stimulate demand.
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