Despite shutdown, October jobs report good news for economy

Name: Despite shutdown, October jobs report good news for economy
Uploaded: 2013-11-09T00:44:50Z
Duration: P281S
Description: The October jobs report showed a surprise spike in hiring with employers adding 204,000 jobs last month. Despite the good news, the unemployment rate rose to 7.3 percent. How is this possible? Paul Solman explains how the 16-day shutdown may have warped the numbers and what the data means for the overall economic recovery.

Clip: 11/08/2013 | 4m 41s

The October jobs report showed a surprise spike in hiring with employers adding 204,000 jobs last month. Despite the good news, the unemployment rate rose to 7.3 percent. How is this possible? Paul Solman explains how the 16-day shutdown may have warped the numbers and what the data means for the overall economic recovery.

Aired: 11/08/13

Rating: NR

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Despite shutdown, October jobs report good news for economy

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