U.S. employers add 261,000 jobs in October, but wage growth stays subdue
By Don Lee
U.S. employment snapped back last month after Hurricanes Harvey and Irma depressed payrolls in September, suggesting that the long expansion in the labor market remains solid, according to government data released Friday.
The nation’s jobless rate fell a notch further in October, to a 17-year low of 4.1% although not for the right reason: There was a large drop in the size of the labor force.
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