U.S. Employers Add 12,000 Jobs

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Breitbart

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U.S. employers added 12,000 jobs in October, but the unemployment rate remained at 4.1 percent

Summary

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70% Informative

Economists had been expecting 110,000 jobs and an unemployment rate of 4.1 percent .

Some economists have even forecast a payroll contraction.

The Labor Department said that the response rate from companies surveyed for the employment reports was unusually low last month , likely due to the hurricanes.

Private sector payrolls fell by 28,000 in October , much worse than the 90,000 job growth that was expected.

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formal

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English

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