Daily Business News
Friday, November 03, 2006
  Unemployment rate lowest in nearly 5-1/2 years (Reuters)

A waitress serves nachos in Birch Run Michigan October 15 2006. The unemployment rate dropped to its lowest in nearly 5-1/2 years during October as 92000 more jobs were added and hiring in each of the two prior months was revised up a government report on Friday showed. (Molly Riley/Reuters)Reuters - The U.S. unemployment rate dropped to a 5-1/2 year low in October as 92000 jobs were added and hiring in the two prior months was revised up the government said on Friday leading financial markets to slash bets on interest-rate cuts.


 
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