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Economy
Economy
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  • The unemployment rate increased to 3.9% in October.
  • The labor market added 150,000 jobs in October after 297,000 jobs added in September.
  • Fed Chair Jerome Powell noted earlier this week that "the labor market remains tight."

The US economy added 150,000 jobs in October, based on nonfarm payroll employment growth from the Bureau of Labor Statistics or BLS. 

Tags
economy, Markets, economy, Jobs, Unemployment, Unemployed, labor-market, economic-indicators, BLS
Source
Job growth slowed in October as the economy settled into a new normal