U.S. employers went on a hiring spree in October, according to government data released Friday morning, adding 271,000 jobs after several months of disappointing growth.
The number blew past analysts’ expectations of about 185,000 positions, a welcome sign that the American economy so far has been able to withstand headwinds from abroad. The unemployment rate dipped to 5 percent, and wages rose at the fastest pace since 2009. The improvement led many analysts to pre...
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14:36 U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent13
14:49 Trump warns of ‘retribution’ for companies that offshore jobs, threatening 35 percent tariff9
16:32 Employers added solid 178,000 jobs in Nov8
13:41 Solid Job Growth Strengthens Prospect for a Fed Rate Increase10