Unemployment rate fell to 4.6%
By Jonathan Garber
FOXBusiness
U.S. employers’ hiring surged in October as the number of new infections caused by the COVID-19 delta variant slowed and the expiration of extended unemployment benefits moved farther in the rearview mirror.
Nonfarm payrolls increased by 531,000 workers last month as the unemployment rate fell 0.2 percentage points to 4.6%, the Labor Department said Friday. Economists surveyed by Refinitiv were expecting the addition of 450,000 jobs and the unemployment rate to slip to 4.7%.
Click the link below to read the rest of this story.
https://www.foxbusiness.com/economy/jobs-nonfarm-payroll-report-october-2021
Click here to get more news from the Bulldog
On the go, but don’t want to miss any Bulldog news? Go to the App Store and downloads apps for Bulldog Reports and The Bulldog Show to your Apple and Android mobile devices. It’s free!
