9 Nov 2013

204,000 more jobs in US in October

6:09 am on 9 November 2013

The US economy added 204,000 jobs in October, according to the latest figures from the Labor Department - despite a shutdown of non-essential federal government services for 16 days last month.

The monthly non-farm payroll figure is taken as a key indicator of the health of the world's biggest economy.

However, the latest figures also showed that the unemployment rate edged up to 7.3% from 7.2% in September.

The Labor Department said that this was likely to be because many federal workers were counted as unemployed during the shutdown.

The report also said that employers added 60,000 more jobs in September and August than earlier estimates had suggested.

The BBC reports the latest figures add to a positive week for US economic data. On Thursday, it was announced that the US economy grew at an annual pace of 2.8% in the third quarter.

The Commerce Department said growth had been lifted by rising exports and a pick-up in construction of homes.