US Jobs Data Better than Expected

Friday 01 November, 2019 Written by 
US Jobs Data Better than Expected

The U.S. added 128,000 jobs in October. It’s a slowdown, the data say the New York Times is clouded by the temporary impact of a General Motors strike.

128,000 jobs were added last month, the US Labor Department reported on Friday. Analysts surveyed by Bloomberg had expected a gain of about 85,000.

The unemployment rate was 3.6 percent, up from 3.5 percent the month before.

US Unemloyment Rate September 2019

Wages are growing modestly.

US Year on year wage growth Sept 2019

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