Latest jobs report shows a white-collar hiring turnaround - Marketplace.org

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The U.S. economy added 165,000 jobs in October. One surprising growth spot was in professional and business services, which accounted for about 70,000 of those job gains. The October jobs report, out Friday, looks rosy for a number of sectors. The U.S. economy added 165,000 new jobs last month , while unemployment ticked slightly down to 4.1%. It’s another sign that strength in the U.S. economy is broadening, said Yelena Shulyatyeva, senior U.S. economist at The Conference Board. “If you look at the labor market, you see strength in both goods and services producing sectors,” she said. Healthcare is another growing sector, said Andrew Flowers, chief economist at recruitment technology firm Appcast. He said that’s no surprise.