November 8th, 2013
09:52 AM ET

October Jobs Report: 204,000 Jobs Added, Unemployment Rate 7.3%

Job growth unexpectedly surges in October, even as the federal government closed its doors for 16 days, CNN's Poppy Harlow reports.

The U.S. economy added 204,000 jobs, according to the Bureau of Labor Statistics. That was well above economists' expectations.

Plus, there was more good news about hiring during the late summer. Revisions showed an extra 60,000 jobs were created in August and September.

Economists were expecting weak job growth, due to uncertainties created by the budget battles in Washington. But the Labor Department noted "there were no discernible impacts of the partial federal government shutdown" on the job growth numbers.

The jobs report also showed the unemployment rate rose slightly to 7.3%, up from 7.2% in September, but economists expect this to be a passing blip. About 448,000 furloughed federal workers were counted as being on temporary layoff, and the next jobs report, due on December 6, will probably show these people were back at work in November.

Overall, the picture certainly isn't completely rosy. About 11.3 million Americans remained unemployed in October - 4 million of whom have been out of work for at least six months.

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