Department of Labor Releases Employment Report

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Specialist Anthony Rinaldi, left, and trader Timothy Nick work on the floor of the New York Stock Exchange, Wednesday, Oct. 30, 2019. Stocks are slipping in early trading on Wall Street as traders hold back ahead of an interest rate announcement from the Federal Reserve. (AP Photo/Richard Drew)
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Specialist Anthony Rinaldi, left, and trader Timothy Nick work on the floor of the New York Stock Exchange, Wednesday, Oct. 30, 2019. Stocks are slipping in early trading on Wall Street as traders hold back ahead of an interest rate announcement from the Federal Reserve. (AP Photo/Richard Drew)

The October unemployment rate has surprised economists as the numbers were higher than expected with some work slowdowns and layoffs. The Black unemployment rate remains higher than the national average.

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