US October Jobs Increase by 261,000, Exceeding Expectations
Unemployment Rate is 3.7%
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[Asia Economy Reporter Kim Bo-kyung] The number of jobs in the United States increased by 261,000 in October compared to the previous month.
On the 4th (local time), the U.S. Department of Labor announced that nonfarm payroll employment increased by 261,000 in October compared to the previous month. The job increase exceeded the expert forecast compiled by Dow Jones, which predicted an increase of 205,000.
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The unemployment rate rose by 0.2 percentage points to 3.7% compared to the previous month.
This content was produced with the assistance of AI translation services.
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