The rise in the index of aggregate hours since July is equivalent to adding 498,000 private sector jobs a month The economy added 531,000 jobs in October, as the unemployment rate fell to 4.6 percent, a level not reached following the Great Recession until February 2017. The jobs numbers for the prior two months were More
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This content originally appeared on CounterPunch.org and was authored by Dean Baker.
Dean Baker | Radio Free (2021-11-08T08:39:03+00:00) Economy Adds 531,000 Jobs in October; Unemployment Falls to 4.6 Percent. Retrieved from https://www.radiofree.org/2021/11/08/economy-adds-531000-jobs-in-october-unemployment-falls-to-4-6-percent/
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