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

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

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Social Studies, Life Skills, Business

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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.

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