Rise in U.S. Unemployment a Sign of Growing Worker Confidence
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Out-of-work Americans may be starting to believe the labor market has something to offer.
The civilian labor force, those people who are either employed or actively looking for work, jumped by 578,000 in October, Labor Department figures showed today in Washington. The number of people unemployed rose by 170,000, pushing the jobless rate to 7.9 percent from a three-year low of 7.8 percent in September, the report also showed.