Why Aren't More People Looking for Work?

In the latest look at the health of the U.S. job market before the presidential election, the Labor Department announced Friday that the economy added 171,000 jobs in October, marking the 25th month in a row of job gains.

The gains were better than what economists had predicted, but still well below the monthly pace from earlier this year. But before we get too caught up in what the volatile numbers tell us each month, realize that the October report alone isn't likely going to influence how voters feel when they head to the polls next week and choose the next U.S. president.

To get a better pulse of how Americans feel about their job prospects, it makes sense to look at whether more workers are looking for jobs today.

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