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U.S. economy adds 171,000 new jobs in October

  • The U.S. economy added 171,000 new jobs in October, higher than the figure predicted.

    However, according to the figures released by the Labor Department on Friday, the unemployment rate still rose to 7.9 percent having fallen to 7.8 percent the previous month as more workers resumed looking for jobs.

    Only people who are currently looking for a job count as unemployed.

    Unemployment is one of the key issues ahead of Tuesday's presidential election.

    The figures were the last major piece of economic data to be released before Election Day.