Job Growth Soars In October

Job growth soars
October report shows greatest strength in employment since April, easily topping forecasts.
November 5, 2004: 9:08 AM EST

NEW YORK (CNN/Money) - U.S. employers added far more jobs in October, the best performance in six months, according to a government report Friday that came in well above Wall Street expectations.

The Labor Department report showed a net gain of 337,000 jobs to nonfarm payrolls in the month, up from the revised 139,000 gain in September. Economists surveyed by Briefing.com were looking for only a 175,000 job gain.