warning Hi, we've moved to USCANNENBERGMEDIA.COM. Visit us there!

Neon Tommy - Annenberg digital news

U.S Economy Adds 214,000 Jobs

Iqbal Al-Sanea |
November 7, 2014 | 12:49 p.m. PST

Web Producer

The U.S job growth increased, causing the unemployment rate to fall from 5.9% to 5.8%, according to the U.S Labor Department

U.S employers added 214,000 new jobs in October, marking the ninth consecutive month that the economy has created more than 200,000 jobs. Economists expected the economy to add 233,000 jobs. The unemployment rate has dropped to 0.8% since the beginning of the year, decreasing the number of unemployed persons to 1.2 million. 

Although job employment took a major turn, the average hourly earnings only increased three cents. This year’s mid-term elections showed employment was voter’s main concern. 

Read more at BBC  and Reuters

Reach Web Producer Iqbal Al-Sanea here



Craig Gillespie directed this true story about "the most daring rescue mission in the history of the U.S. Coast Guard.”

Watch USC Annenberg Media's live State of the Union recap and analysis here.