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Over 638,000 Jobs Added in October; UE Down to 6.9% from 7.9%
NorthwestFresh
Member Posts: 7,972
in Tug Tavern
Can’t wait until Joe shuts it all down again for a cold.
https://www.bls.gov/news.release/empsit.nr0.htm
Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate
declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported today. These
improvements in the labor market reflect the continued resumption of economic activity
that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain
it. In October, notable job gains occurred in leisure and hospitality, professional and
business services, retail trade, and construction. Employment in government declined.
This news release presents statistics from two monthly surveys. The household survey
measures labor force status, including unemployment, by demographic characteristics. The
establishment survey measures nonfarm employment, hours, and earnings by industry. For
more information about the concepts and statistical methodology used in these two surveys,
see the Technical Note.
https://www.bls.gov/news.release/empsit.nr0.htm
Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate
declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported today. These
improvements in the labor market reflect the continued resumption of economic activity
that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain
it. In October, notable job gains occurred in leisure and hospitality, professional and
business services, retail trade, and construction. Employment in government declined.
This news release presents statistics from two monthly surveys. The household survey
measures labor force status, including unemployment, by demographic characteristics. The
establishment survey measures nonfarm employment, hours, and earnings by industry. For
more information about the concepts and statistical methodology used in these two surveys,
see the Technical Note.
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Justice because Joe will finish it