News Item
WASHINGTON—U.S. employers hired at a solid clip in October, showing the job market remains strong even in the face of labor strikes and trade disputes.
The economy added 128,000 jobs in October, the Labor Department reported Friday. Job creation in September and August was revised up by a net 95,000. The jobless rate ticked up to 3.6% last month from 3.5% in September. The prior month’s reading was the lowest rate since December 1969.
Meanwhile, wage gains continued to outpace inflation. Average hourly earnings climbed 3% from October 2018.Yes