U.S. Employers Added 128,000 Jobs in October

In October, US employers added 128,000 jobs, with notable gains in food services, social assistance, and financial activities. The unemployment rate slightly increased to 3.6%, attributed to more Americans seeking work, yet it remains near a 50-year low. Hiring has slowed compared to 2018, averaging 167,000 jobs per month versus 223,000. Despite this, the report exceeded economists' expectations.

Which sectors saw the most notable job gains in October?

• Manufacturing, Retail, and Healthcare

• Food Services, Social Assistance, and Financial Activities

• Construction, Education, and Transportation

• Technology, Agriculture, and Real Estate

What was the unemployment rate in October?

• 3.6%

• 3.8%

• 3.2%

• 4.0%

What factor contributed to the slight rise in the unemployment rate?

• More Americans started looking for work

• Reduction in government jobs

• Decrease in job openings

• Increase in layoffs

How does the average monthly job growth in 2019 compare to 2018?

• Higher in 2019

• Data not available

• Lower in 2019

• Same in both years

How did the overall job report compare to economists' expectations?

• No comparison available

• Weaker than expected

• Stronger than expected

• Exactly as expected