250k Jobs Added to Economy During October


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Source: Reuters

The U.S. economy did better than predicted for the month of October with 250,000 jobs added.

The Labor Department reported that for October the unemployment rate held steady at 3.7 percent, the lowest since 1969 and for the first time since April 2009 wages rose more that 3 percent coming in at 3.1 percent for the month.


President Trump was eager to share the strength of the job market ahead of Tuesday’s midterm elections, urging his followers to vote Republican.

“Wow!” the President tweeted. “The U.S. added 250,000 Jobs in October – and this was despite the hurricanes. Unemployment at 3.7%. Wages UP! Theses are incredible numbers. Keep it going, Vote Republican!”

According to The Hill, the U.S. economy has added jobs for 97 straight months, beginning in 2010 under former President Obama, making the growth streak the best on record.


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