24 Hrs
Source:
The Fiscal Times
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Source: The Fiscal Times
24 HrsThe Fiscal Times
Source: The Fiscal Times
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U.S. employers added 165,000 jobs in October, far exceeding expectations, while unemployment fell to 4.1%; job gains for August and September were also revised up by 84,000. Hiring was broad-based, including growth in professional and business services, health care, transportation, finance, government and manufacturing. Despite the strong report, inflation has erased recent wage gains, and the share of unemployed people out of work for more than 27 weeks reached 27.6%, its highest level since 2021.
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