Stocks rally after report shows employers added 261000 jobs in October

Stocks rally after report shows employers added 261000 jobs in October

Stocks rally after report shows employers added 261000 jobs in October

Summary : Stocks rally after report shows employers added 261000 jobs in October.

Employers added 261,000 jobs in October while the unemployment rate ticked up to 3.7%, the Labor Department reported Friday. Gregory Daco, chief economist at EY-Parthenon, joined CBS News to discuss the labor market in a “resilient” economy.

Employers added 261,000 jobs in October while the unemployment rate ticked up to 3.7%, the Labor Department reported Friday . Gregory Daco , chief economist at EY-Parthenon, joined CBS News to discuss the labor market in a “resilient” economy.