WASHINGTON (AP) — U.S. employers added a solid 261,000 jobs in October in a bounce-back from the hurricanes that slammed the Southeast in September.
The unemployment rate declined to 4.1 percent, the lowest in nearly 17 years, from 4.2 percent in September, the Labor Department said Friday. But the drop in the rate occurred mostly because many people stopped looking for work and so were no longer counted as unemployed.
