The Jobs Keep Coming – WSJ



Friday’s labor report showing that employers added 906,000 private jobs in October again beat forecasts. The economy’s resilience is befuddling the pessimists, much as Tuesday’s election results confounded media pollsters.

The jobless rate fell to 6.9% last month from 7.9% in September even as labor force participation ticked up 0.3 percentage points to 61.7%. Total employment rose 638,000 despite a 268,000 decline in government jobs—mostly education and temporary Census. No surprise, schools on remote learning need fewer…



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