Employers added 165,000 jobs in October, soaring past expectations
Hiring across the U.S. surged last month and unemployment dipped, a sign the job market is picking up speed.
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Hiring across the U.S. surged last month and unemployment dipped, a sign the job market is picking up speed.
Strong hiring last month was driven by gains in education and in leisure and hospitality, with the nation's jobless rate remaining steady at 4.1%.
Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
Many Americans are signaling disapproval of the technology amid fears that it will eclipse already competitive entry-level jobs.
As the job market weakens, the number of Americans applying for unemployment benefits jumped last weak to its highest level in nearly four years.
