The Political Junkie offers an outside-looking- in view of the US. Each day, we will highlight news and opinion pieces from around the world that are focused on US politics and policy. Agree or disagree with the opinions you will read but take a few minutes to see yourselves as others see you.
BEIJING, Nov. 3 (Xinhuanet) -- U.S. employers stepped
up hiring in October, creating more than 170-thousands jobs according
to the latest data released by the Labor Department. And there was only a
small increase in the jobless rate due to more workers restarting their
The data is seen as a hopeful sign for a lackluster US economy that has been a drag on President Barack Obama’s re-election bid.
With the economy at the center of the campaign, the latest jobs figures were crucial for many who were still undecided.
On Friday, the US Labor Department announced that the US added 171,000 jobs in October.
The jobless rate at one time had peaked at 10 percent.
Now it has edged up a tenth of a point to 7.9 percent, though that
was due to workers surging back into the labor force, as only people who
are looking for a job count as unemployed.
The employment data issued on Friday is considered as the last major
report card on the economy before Tuesday’s presidential election.