The United States economy added 151,000 jobs in October, a welcome change after four months of job losses but still not enough to make a dent in unemployment.<\/p>\n
Private companies have been slowly growing their payrolls throughout 2010, according to a Labor Department report released Friday. This private job growth had been overwhelmed by the elimination of temporary Census Bureau jobs and layoffs by state and local governments during the summer and early fall, until October.<\/p>\n
Private companies added 159,000 jobs in October, while governments cut 8,000 jobs in the month. The month was much stronger than expected \u201d\u201d most forecasts were for a gain of 60,000 jobs, 80,000 of which were from private employers. The reportalso sharply revised the numbers for August and September. The August data was revised to reflect a loss of 1,000 jobs instead of 57,000, and September was revised to 41,000 losses instead of 95,000.<\/p>\n