261K Jobs Added In October, Unemployment Drops

Follow CBSMIAMI.COM: Facebook | Twitter

WASHINGTON (CBSMiami/CNN) — The federal government says the U.S. added 261,000 jobs in the month of October.

That’s the best performance since President Donald Trump took office and a rebound from below-average September numbers caused by the hurricanes.

Unemployment also inched down to 4.1 percent last month. That’s the lowest the rate has been since December 2000.

Wages, however, aren’t keeping pace. They grew only 2.4 percent in October, compared to a year ago, which is lower than the numbers for September.

(©2017 CBS Broadcasting Inc. All Rights Reserved. CNN contributed to this report.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Miami

Get Your Daily DoseHere's some good news just for you.
CBS4 New Home For Florida Lottery
Pro Football Challenge

Watch & Listen LIVE