The Bureau of Labor Statistics reported Friday that U.S. employers added 214,000 jobs in October, less than the 248,000 added in September. The unemployment rate fell to 5.8 percent, a tick down from 5.9 percent in September.
The jobs number was slightly below expectations. Bloomberg had estimated that the U.S. would add 235,000 new jobs and Reuters had predicted the addition of 231,000.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
The long road ahead to rebuild life in GazaThe Explainer As the Israel-Hamas ceasefire takes effect, Palestinians return to find 90% of homes destroyed, health and water infrastructure in ruins, and acute food poverty
-
Why trout is the new salmonThe Week Recommends Oven-roasted, hot-smoked or topping a jacket potato, trout is winning favour over salmon for its sustainability and delicate flavour
-
The never-ending wonder of PompeiiIn The Spotlight A luxury bathhouse is the latest treasure to be uncovered at the 'gift that keeps on giving'
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
