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U.S. unemployment rises to 7.9%

11:04 AM, Nov 2, 2012   |    comments
Applicants lined up to speak to prospective employers at a job fair in New York. (Photo by John Moore/Getty Images)
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WASHINGTON -- The U.S. added 171,000 jobs in October, higher than what was projected, but the unemployment rate went up again, the U.S. Labor Department reported Friday.

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The add in jobs was up from a 148,000 gain in September. The increase exceeded the projections of a Bloomberg survey of economists who predicted no more than 125,000.

The October unemployment rate rose to 7.9 percent as more people entered the work force. That's up from 7.8 percent in September, although September's report was controversial.

The report showed retailers added the most workers to payrolls since April 2011. A strengthening housing market helped drive a gain in construction employment, which was concentrated in trade contracts (up 17,000 jobs.) Payroll increases were also noted in business services, manufacturing and leisure and hospitality.

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According to the most recent data from the Georgia Department of Labor, metro Atlanta's jobless rate went down to 8.4 percent in September and Georgia's unemployment rate was 9 percent in September.

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