Tuesday - November 05, 2024
Employers Add Jobs In October
Written by Blake Hodge   
Tuesday, 12 November 2013 17:56

RALEIGH -- National jobs rates are out for October, and the numbers look like the economy was able to hold on despite a partial government shutdown. Employers added 204,000 jobs nationally. NC State Economics Professor Dr. Mike Walden says growth was not anticipated.

Dr. Walden added, "It was a little bit of a surprise. Many economists thought that the government shutdown would slow economic growth. And this was a number that's on the high side of where we've been the last few months."

According to Dr. Walden, these numbers are not all good news; some of the reason there appeared to be growth was due to more people dropping out of the workforce and no longer looking for employment.

Last Updated on Tuesday, 12 November 2013 18:00
 
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