Hiring jumps: The economy added 165,000 jobs last month

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U.S. employers added 165,000 jobs in October as the unemployment rate fell to 4.1%. The warehouse and transportation industry added 25,000 jobs during the month.

The U.S. job market improved last month, according to a report from the Labor Department Friday. Employers added more jobs than forecasters had expected and the unemployment rate dipped to 4.1%.

(Image credit: Scott Olson)

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