U.S. Adds 151,000 Jobs, Unemployment Holds at 9.6%

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Nov. 5 (Bloomberg) -- Payrolls rose more than forecast in October, a sign businesses may be starting to look past what the Federal Reserve calls the “disappointingly slow” U.S. recovery toward a faster pace of growth. Payrolls climbed 151,000, exceeding all estimates in a Bloomberg News survey of economists and following a revised 41,000 drop the prior month that was smaller than initially estimated, Labor Department figures showed today in Washington. Bloomberg's Peter Cook reports. (Source: Bloomberg)

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