U.S. payrolls increased by 150,000 in October, less than expected


. The labor market tightened as the unemployment rate dropped to a 48-year low of 3.7 percent. Wages also increased by 3.1 percent annually, the fastest pace since April 2009. The results indicate that the economy remains on solid footing, despite some signs of a slowdown in the manufacturing sector.

Related Posts

Next Post
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!