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Published on Friday, November 7, 2014 | Updated on Monday, November 10, 2014

Unemployment Rate Hits 5.8% in October

Nonfarm payrolls increased 214K in October: 209K private, 5K government. The unemployment rate declined to 5.8% and participation increased to 62.8%. Our baseline for 2014 assumes 1.8% job growth and an average 6.2%.unemployment rate