Economy adds 261K jobs in October, unemployment ticks up ...Middle East

The U.S. added 261,000  jobs in October and the unemployment rate rose slightly to 3.7 percent, according to data released Friday by the Labor Department. Economists expected the U.S. to add roughly 190,000 jobs last month and keep the unemployment rate steady at 3.5 percent, according to consensus estimates. While the overall jobs gain was better than anticipated, the labor market showed other signs of slowing under the weight of high prices, stubborn inflation, rising interest rates and a weakening global economy. The jobless rate rose in October as 306,000 Americans joined the ranks of the unemployed while labor force participation stayed flat. Wage growth also slowed to annual

Read More Details
Finally We wish PressBee provided you with enough information of ( Economy adds 261K jobs in October, unemployment ticks up )

Also on site :

• Padres Release Jason Heyward
• UNHCR: 2.5M refugees need resettlement as US freezes program
• Adidas Has 'Sleek' $180 Running Shoes for Just $90, and Reviewers Say They Feel Like They’re 'Walking On Clouds'