Article 36XCJ US economy rebounds from September slump by adding 261,000 jobs in October

US economy rebounds from September slump by adding 261,000 jobs in October

by
Dominic Rushe in New York
from on (#36XCJ)
  • Figure lower than expected but unemployment ticks down to 4.1%
  • Economy shed 30,000 jobs in September as twin hurricanes held back hiring

The US economy bounced back in October from a dramatic slump in hiring in the wake of two devastating hurricanes, the labor department announced on Friday.

The US added 261,000 new jobs and the unemployment rate ticked down to 4.1%.

JOBS, JOBS, JOBS! pic.twitter.com/twUNktGbnb

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments