U.S. job growth picks up in October
The Hindu
Non-farm payrolls rose by 5,31,000 jobs: Labor Department
U.S. employment increased more than expected in October as the headwind from the surge in COVID-19 infections over the summer subsided, offering more evidence that economic activity was regaining momentum early in the fourth quarter.
Non-farm payrolls increased by 5,31,000 jobs last month, the Labour Department said in its closely- watched employment report on Friday.
Data for September was revised higher to show 3,12,000 jobs created instead of the previously reported 1,94,000.
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