The nation's unemployment rate fell slightly to 9 percent in October as 80,000 jobs were added to the economy. The drop in the unemployment rate from 9.1 percent to 9 percent is the first decline since July. Additionally, hourly earnings rose last month, according to the Labor Department.
At noon, Chicago Jobs with Justice, along with Occupy Chicago protesters, will rally outside the State of Illinois building to call for a federal investment in job creation. The group will also hold a press conference responding to the Labor Department's October jobs report and the "scandalous inaction" by Congress on the unemployment crisis.
The rallyers will then march to the Chicago Board of Trade to "demand that companies pay taxes on their trades to create 40,000 jobs in Chicago per a report released by Stand Up Chicago and the Chicago Political Economy Group," according to an announcement by Chicago Jobs with Justice.