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Department of Labor says U.S added 531,000 jobs in October

Name: Department of Labor says U.S added 531,000 jobs in October
Uploaded: 2021-11-05T11:28:54-0400
Duration: 14 min 15 s
Description: The U.S. has added 531,000 jobs to the economy last month and the unemployment rate dropped to 4.6%. These numbers were higher than anticipated and appear to indicate the economy is bouncing back from the pandemic. Barclays chief U.S. economist Michael Gapen joins CBSN to discuss the status of the economy.

The U.S. has added 531,000 jobs to the economy last month and the unemployment rate dropped to 4.6%. These numbers were higher than anticipated and appear to indicate the economy is bouncing back from the pandemic. Barclays chief U.S. economist Michael Gapen joins CBSN to discuss the status of the economy.