Monday, November 29

530,000 jobs in the US in October… job market rebound

The U.S. Department of Labor said nonfarm payroll jobs rose by 531,000 in October.

Last month’s job growth was relatively well above the 450,000 forecasts compiled by the Wall Street Journal.

The U.S. media evaluated that the job market, which had been sluggish than market expectations in August and September in a row, was a sign of a rebound.

The unemployment rate was 4.6%, down slightly from 4.8% in the previous month.

Leave a Reply

Your email address will not be published. Required fields are marked *