Alva Review-Courier -

US economy defies threats with a solid job gain for October

 

November 1, 2019



WASHINGTON (AP) — A solid October jobs report on Friday spotlighted the surprising durability of the U.S. economy in the face of persistent trade conflicts and a global slowdown.

The economy managed to add 128,000 jobs last month even though tens of thousands of workers were temporarily counted as unemployed because of the now-settled strike against General Motors. What's more, the government revised up its combined estimate of job growth for August and September by a robust 95,000.

Though the unemployment rate ticked up from 3.5% to 3.6% in October, it's still near a five-decade low.

And...



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