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Making sense of the October job numbers

Posted at 6:57 PM, Nov 02, 2012
and last updated 2012-11-02 18:57:58-04

RICHMOND, Va. (WTVR) - Jamie Cox from the Harris Financial group came to the CBS 6 studio to decipher the Department of Labor's job statistics for the month of October.

Cox says that 171,000 new jobs is good, but low compared to the numbers of previous months. He predicts it will take five years to get the unemployment rate to drop one whole percent.

Watch CBS 6 News at 5:30 and 7 p.m. for exclusive interviews you'll only see on CBS 6.