U.S. Economy Added Just 150,000 Jobs in October, Unemployment Rose to 3.9%

The U.S. Department of Labor reported on Friday that American employers added 150,000 workers to their workforce in October. However, the unemployment rate saw an increase, rising to 3.9 percent.

Economists had anticipated an addition of 179,000 jobs, especially after the September payrolls showed a significant increase of 336,000, more than double the anticipated 160,000.

It’s worth noting that the September figure was later revised down to 297,000, and the August jobs figure was also revised, decreasing from 227,000 to 165,000.

The unemployment rate was expected to remain steady at the previous month’s 3.8 percent, Breitbart News reported.

READ MORE: https://www.breitbart.com/economy/2023/11/03/u-s-economy-added-just-150000-jobs-in-october-unemployment-rises-to-3-9/

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