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Friday Unemployment report in the US is low.

The Economy added 204,000 jobs in October - almost double the consensus.

The Unemployment rate ticked up to 7.3% from 7.2%. Concerns that the 16-day government shutdown would mar growth appear to be unfounded but Gene Sperling, director of President Obama's National Economic Council, says the real question is: Will the shutdown have a lasting negative impact on the economy?

The answer to the question, according to Sperling, depends on whether Washington can get its collective act together and reach a compromise on the budget and debt ceiling.