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Job growth bounced back strongly in October

Tags: october report

Some great news on the U.S. economy today!

The Bureau of Labor Statistics is reporting that the U.S. added 271,000 jobs in October, far better than the 181,000 expected by economists. The overall unemployment rate inched lower to 5.0%, which is the lowest it’s been since February 2008, nearly eight years ago.

This, coupled with improvement in wages, makes today’s jobs report the best of 2015.

Click here to read the the entire report.

This post first appeared on The Housing Chronicles, please read the originial post: here

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Job growth bounced back strongly in October


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