TSP Talk Blog
October Jobs Report
by , 11-05-2021 at 11:07 AM (335 Views)
Nonfarm payrolls increased by 531,000 in October, beating the estimate of 450,000.
The unemployment rate fell to 4.6%, a new pandemic low and better than expectations.
Wages rose 0.4% for the month and were up 4.9% from a year ago.
Leisure and hospitality led job creation, followed by professional and business services and manufacturing.
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