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Divergent Labor Markets: Private Gains, Public Losses

Friday's unemployment report shows a longer-term trend: The private sector created jobs as the public sector continued cutting them. The story of this difference begins with the financial crisis, in early November 2008.

Obama: Jobs Figures Proof Of A Rebounding Economy

With only a few days left until the election, President Obama pointed to the better-than-expected jobs numbers as evidence that — slowly but surely — his economic policies are working.

Romney, Obama Take Different Spins On Jobs Report

Both candidates seized on Friday's jobs report to make the case for why they should be elected next Tuesday. Employers added a better than expected 171,000 jobs in October. But the unemployment rate ticked up to 7.9 percent as more Americans entered the labor force to look for work.

Sandy, Election Could Skew Future Jobs Reports

Friday's jobs report was — in effect — a BEFORE snapshot of the U.S. economy. The Labor Department collected all of the data before Superstorm Sandy slammed into the East Coast and before the election outcome could be known. The election adds uncertainty over the looming fiscal cliff that has made some companies reluctant to hire.

Some Economists Think Price Gouging Is Good

Many states have laws against price gouging. People hate it when businesses jack up prices during an emergency or a time of severe shortages. But economists say that preventing price gouging often makes matters worse.

Jobless Rate At 7.9 Percent; 171,000 Jobs Added

The unemployment rate ticked up to 7.9 percent in October, while the economy added 171,000 jobs, the Labor Department said Friday. Steve Inskeep speaks with NPR's John Ydstie and Tamara Keith about the numbers.