Friday, November 5, 2021

U.S. economy rebounds, adding 531,000 jobs in October, amid declining Covid cases and increased seasonal hiring

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NBC News
Nov 05, 2021
U.S. economy rebounds, adding 531,000 jobs in October, amid declining Covid cases and increased seasonal hiring
The economy added 531,000 jobs in October, blowing past economists' predictions of 450,000, and the unemployment rate fell to 4.6 percent from 4.8 percent. Friday's release from the Bureau of Labor Statistics followed a disappointing September report in which a mere 194,000 jobs were added, compared to the half million expected by economists.
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