Stellar jobs data push US stocks to new records

  • 📰 eNCA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The US economy added a better-than-expected 531,000 jobs last month as a wide range of industries took on workers

The US economy added a better-than-expected 531,000 jobs last month.WASHINGTON - Blockbuster job creation helped push US stocks to new records on Friday, with an added boost from news of Pfizer's new Covid-19 treatment.

The better-than-expected result indicated hiring is resurging as Covid-19 infections decline, and job gains in August and September were 235,000 stronger than originally reported. "With America's resurgent economy piling on well over half a million new jobs in October alone, we're firmly in boom territory."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

other Nations are recovering ❤️‍🩹, SA on 34% unemployment rate, the stats really breaks my heart 💔, are we ever going to recover from this ?

Good country, good economy. Then come to SA bad country with corrupt politicians we're doomed. The anc failed us since 1994 and we expect a change now haha

People should take note from the US. Over the last 100 years they have consistently created jobs for everyone who is physically and or mentally able.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks on front foot before US jobs dataEurope's main stock markets rose Friday, with Paris hitting a record peak as investors awaited key US jobs data.
Source: eNCA - 🏆 49. / 51 Read more »