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3XSQ: Nonfarm payrolls surge by 171,000, beating estimates

Friday, November 02, 2012 - 03:23

Nov 2 - The U.S. Labor Department released nonfarm payrolls showing employers added 171,000 jobs, 184,000 private jobs, and 13,000 factory jobs.

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-- head job gains in the US and filling up. Not belly up later in the show. Welcome -- three times this Friday from Reuters world headquarters in New York. -- -- did today seven point 9%. Unemployment rate in the October jobs report matching expectations. One positive sign for President Obama has the election approaches on Tuesday. Another big gain in jobs of 171000. Exceeding forecasts. -- hear from Mitt Romney to view the U six number. A wider measure -- employment including part time workers and those not looking for work staying near 15%. Something for apple fans and apple detractors in today's first day sales of the new iPad mini. People around the world did stand in line to get their hands on the new device but the lines in many places noticeably shorter than where I found. In Hong Kong staff appeared to outnumber customers. Reviewers have praised iPad and overall but criticized its screen compared with larger sibling and it's 329. Dollar price tag. Shares of apple trading near 600 bucks about -- dollars -- hide from September. Google could face another lawsuit from the US government. A source tells Reuters a Federal Trade Commission staff report recommends the government -- case against the search giant. This it would target actions taken by Google related to patent disputes with rivals. Google declined to comment on the report it already has settled several cases with the government which required to pay more than 500 million dollars. From Silicon Valley to a guy from Brooklyn who became the ultimate -- and a our power player of today Starbucks founder Howard Schultz. The coffee chain bucking the flailing restaurant trend by raising its profit forecast for the fiscal year after sales in the US beat expectations. As of Silicon Valley shall taking a big -- on the tech train recently with his mobile payments deal with square. As Reuters has reported Starbucks strangely small tax payments in Europe have so -- come from managerial and asked not flagrant tax. Shares rose about fifty dollars in premarket and are now still hovering at about fifty dollars there. And finally more evidence that the European debt crisis is affecting people's stomachs. In Hungary the eleventh annual miss belly dance competition had to move to a similar stage in previous years. Didn't lower budget and ticket sales. The good news there are no shortage of good dancers as 4500. Participated. Most of them were women. The winner at 23 year old student won a contract worth 4800 euros to belly dance added that it has restaurant. That's the latest advertise for this Friday you can follow us on Twitter at Reuters Insider and check out our -- two counts. At Reuters dot com slash ITV. I'm Lisa Bernhard.

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3XSQ: Nonfarm payrolls surge by 171,000, beating estimates

Friday, November 02, 2012 - 03:23