The U.S. economy added 128,000 jobs in October, and the unemployment rate ticked up to 3.6%, according to new data released Friday.
The monthly employment report from the Labor Department far exceeded expectations from forecasters, who predicted 75,000 jobs would be created in October, a sharp dip from 136,000 in September. Unemployment was expected to increase slightly to 3.6% from 3.5% last month, when the country saw a 50-year low.
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