US Jobs: Private Payrolls Rise By 233k In October After Rising 319k In September (-27% MoM), Unemployment Rate Edges Up To 3.7% As Wage Growth Cools To 4.7% (Too Bad Inflation Is At 8.2%)
by confoundedinterest17 President Biden just lost one of his midterm election talking points. “The U-3 unemployment rate the lowest since (garbled) at 3.5%!” Because it now has risen in October to 3.7%. Private payrolls added 233k jobs in October, which is a …