US hiring exceeds expectations, as economy adds 261,000 jobs

US hiring exceeds expectations, as economy adds 261,000 jobs

The U.S. added 261,000 jobs in October, exceeding economist expectations and sending a positive signal for the economy days before the midterm elections.

The unemployment rate increased to 3.7%.

This is a developing story. Please check back for updates.

US hiring exceeds expectations, as economy adds 261,000 jobs originally appeared on abcnews.go.com