October jobs report: Unemployment rate dips

@CNNMoney November 4, 2011: 11:50 AM ET

 

WASHINGTON (CNNMoney) -- American employers reported slower hiring last month, but a falling unemployment rate showed the job market may actually be gaining strength.

Employers added 80,000 jobs in October, the Labor Department reported Friday, marking a sharp slowdown from hiring in September and August. Government figures from those months were both revised significantly higher.

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