The October job report is out. 261,000 jobs were added in October, and the unemployment rate rose to 3.7% in October from 3.5% in September. August’s unemployment rate was 3.7% so the unemployment is basically back to the level back in August. The labor force participation rate of 62.2% was about unchanged in October and has shown little net change YTD. The labor participation rate is till
11/4/2022: October Jobs Report Came In Hot
11/4/2022: October Jobs Report Came In Hot
11/4/2022: October Jobs Report Came In Hot
The October job report is out. 261,000 jobs were added in October, and the unemployment rate rose to 3.7% in October from 3.5% in September. August’s unemployment rate was 3.7% so the unemployment is basically back to the level back in August. The labor force participation rate of 62.2% was about unchanged in October and has shown little net change YTD. The labor participation rate is till