U.S. economy adds 261,000 jobs in October as labor market stays solid

Summary by Ground News

The labor market remained solid in October: the U.S. economy added 261,000 jobs, while the unemployment rate rose to 3.7% from 3.5%, the government said on Friday.

Published 3 months ago · Washington, United States

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BBC News

US jobs growth solid but slowing amid inflation fight

The news comes as the economy remains a top concern for voters ahead of the midterm elections.

3 months ago·United Kingdom

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Reuters

U.S. job growth strong in October, but cracks emerging

U.S. job growth increased more than expected in October, but the pace is slowing and the unemployment rate rose to 3.7%, suggesting some loosening in labor market conditions, which would allow the Federal Reserve to shift towards smaller interest rates increases starting in December.

3 months ago·United Kingdom

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The Guardian

US adds 261,000 jobs in October as unemployment rate rises slightly

Final jobs report before midterms shows jobless rate at 3.7%, a day after Federal Reserve announced further interest rate hike

3 months ago·London, United Kingdom

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The Independent

US economy added 261,000 jobs for October, unemployment rises to 3.7 per cent

The Bureau of Labor Statistics reported that the US economy added 261,000 nonfarm paryoll jobs in October, while the unemployment rate ticked up to 3.7 per cent.

3 months ago·London, United Kingdom

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