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.

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