PHOENIX — The U.S. economy added 165,000 jobs in October, far exceeding Wall Street's expectations of roughly 65,000 new positions, according to the Labor Department. Do you have a concern in your community or a news tip? We want to hear from you! Unemployment fell to 4.1 percent, and wages grew 3.1 percent — the first real wage increase since last March. Despite the strong headline numbers, paychecks are still losing the race with inflation. The professional sector led job gains, adding 70,000 positions — nearly half of the total monthly increase. Health care came in second with 55,000 new jobs. Transportation, warehousing, manufacturing and government also added jobs.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.