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Employment Rose by 531K in October, Unemployment Edged Down

Employment Rose by 531K in October, Unemployment Edged Down

November 05, 2021 from Floor Focus FloorDaily.net News

Washington, DC, November 5, 2021-Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6%, the U.S. Bureau of Labor Statistics reported.

Job growth was widespread, with notable job gains in leisure and hospitality, in professional and business services, in manufacturing, and in transportation and warehousing. Employment in public education declined over the month.

Donato Pompo

Donato Pompo, CTC CMR CSI CDT MBA, is the leading tile and stone forensic expert and consultant in North America, and he is a National Tile Contractors Association Recognized Consultant. Donato is the founder of CTaSC.