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Mortgage News

Jobs returning but slow pace still a concern

The good news: The United States added 151,000 jobs in October, the first increase since May and more than double the gain economists were anticipating. The bad news: The country's overall unemployment rate failed to budge from its stubbornly high 9.6% and nearly 15 million Americans are still out of work.

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The good news: The United States added 151,000 jobs in October, the first increase since May and more than double the gain economists were anticipating. The bad news: The country's overall unemployment rate failed to budge from its stubbornly high 9.6% and nearly 15 million Americans are still out of work.