At this rate right wingers are gonna have a hard time pretending like the economy sucks for the next 3 years. Jobs are everywhere. Hiring is booming. Stocks are rising. We are obviously entering a golden age of the economy.
Hiring rebounded sharply in October as COVID-19 cases tumbled while the reopening of most schools and expiration of unemployment benefits prodded some Americans to return to work.
The economy added 531,000 jobs and the unemployment rate, which is calculated from a different survey, fell from 4.8% to 4.6%, the Labor Department said Friday.
Economists surveyed by Bloomberg had estimated that 450,000 jobs were added last month.
Economy adds 531,000 jobs in October as COVID-19 cases drop, unemployment falls to 4.6%
Employers added more than half a million jobs in October as COVID-19 cases declined.
www.usatoday.com
Hiring rebounded sharply in October as COVID-19 cases tumbled while the reopening of most schools and expiration of unemployment benefits prodded some Americans to return to work.
The economy added 531,000 jobs and the unemployment rate, which is calculated from a different survey, fell from 4.8% to 4.6%, the Labor Department said Friday.
Economists surveyed by Bloomberg had estimated that 450,000 jobs were added last month.