The Labor Department released unemployment statistics this morning for the month of October, eliciting cheers from some quarters over the fact that private sector payrolls added 150,000 jobs and beat market expectations. But the unemployment rate remained stuck at 9.6 percent — and a closer look at the numbers indicate that key sectors impacted by the economic downturn haven’t seen the improvement many had hoped for.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=118540