The US economy added 261,000 jobs in October while unemployment jumped to 3.7% | CNN Business

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US economy added 261,000 jobs in October, indicating that the Fed's efforts to cool the economy might be working

The total job gains were lower than the revised September number of 315,000, and above the 200,000 forecast from economists surveyed by Refinitiv. This story is developing and will be updated.

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:

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🤣😂🤣

Democrats who use 2 Diesel heating oil for their homes might want to switch their votes from 🔵 to red 🔴 so they don't freeze this winter. Biden's cutting of fossil fuels includes zero 2 Diesel oil for heating everyones homes.

Jobs may have been added but salaries are lower then Cost of Living. Sailers can’t keep up with such a high price climbing cost of living prices!

Hahaha- yea right, that spending bill turned out to be just that- spending

I don't see any mention of the unemployment rate going backup. Would that be negative news against the administration that you is administration that you just won't do.

These are temporary jobs for the Christmas season. After the Republicans take back the house and senate in two days, the economy is going into the tank. Not because of the Republicans, but because the economy is much worse than is being reported by Fake news!

Where’s Hunter?

Not working keep trying this and only have 10 viewers left.

VOTE RED SAVE OUR COUNTRY

Joey and his appointees are killing the economy ! It's working !

Please be SamanYasin ‘s voice. He is an Iranian_Kurdish rapper who sentenced to death by execution just because he joined Iran’s protesters. Please be his voice

I can tell you what to look for all the jobs that were created before Covid that were lost or shut down because of covid are now back. It had nothing to do with policies that are created now.

Just a couple few years ago we had: World Peace Lowest minority unemployment EVER recorded Lowest Poverty rate since 1956 Blue collar workers finally got a pay raise Right to Choose negotiated Closed Borders Insulin cap $35 scheduled to go in effect Jan 2020 Energy dominance

Does creating fewer jobs chill the economy? You created 631k new jobs in January, and the unemployment rate was 3.5 percent. In November, we have 261k people and a 3.7 percent unemployment rate.

🙊Cool👌

If anything, it demonstrates that the Fed's efforts are failing rather than succeeding.

Not true.

Forcing people to quit their jobs for not getting a experimental lab, or firing them then hiring them back because you don't have enough people in the fields that you did this to, is not adding jobs, it's giving them back to the people you forced out.

Fake CNN news

Good news Nigeria pls take d cue Nigeria you need this to make yourself great! Nigeria your youths are idling & wasting away! Nigeria grab d opportunity & vote d Liberation Mandate of OBIDATTI the ENIGMA & give your children a future. *No more PDP or APC sharing our patrimony!

fakenews

Fake news !!

and gas prices in Phoenix keep climbing...

That is good news because fear is not the way to 'control' and economy that's difficult in every corner of the planet right now - best to stay the course and look long term, not short term. The economy is better than folks think - don't listen to fear mongers!!

No kidding.

If the Attorney General of New York takes down Trump organization they'll lose 24,000 jobs in New York

Know 2 families have taken on 2nd jobs by the hr

Wanna bet!!!

Whaat? Isnt this less than last month. And isnt unemployment up? Crazy point of view.

Yet people keep getting hired and quit on a daily basis with my employer for the last 2 years. There are no new jobs they're just refilling the old ones from two years ago.

omg they try so hard to cover the Biden disaster

Fake news

Or we took on second jobs so we can run the damn furnace and by eggs and milk.

How many companies failed in October. 38% were insolvent? Is it net?

Quite the opposite. You're better than this, . Wait. No you're not.

Because people need A Second Job to afford Democratic Inflation

Are these white collar jobs or just McDonald’s Like namesake jobs to say 261,000 new jobs, we’re helping economy, vote for us BS

Thanks, Joe, er dark Brandon. Keep the momentum going and VoteBlue.

(∪.∪ )...z

baloney. The jobs 'added' in October were not newly created jobs; they were jobs reinstated. Remember the illegal and criminal jab mandates you pushed? You decimated people's lives, heartlessly. Communist News Network spins cotton candy again and again and again.

Where is all the “It’s Biden’s fault” on this 🧐

I wonder what % of people have just changed jobs is this calculated , 260k is pretty good adds roughly 5200 jobs per state . Big problem all the rest of the workers working are having a hard time making ends meet with this Administration Economic Disaster Biden has created.

Inflation is a 40yr high and corporate profits is 70yr high. Please don’t talk about inflation without talking about corporation’s hurting Americans everywhere.

McIntosh

Wonder if people changing jobs are calculated , these numbers are around 250k right now breaks to roughly 5200 per state on top of all the existing is pretty good for this over inflated economy

This news is very necessary before the elections, which are needed by the Democrats, who are only capable of waging war around the world and stealing other people's resources

Today healing music

It might be in anticipation of the red wave.

Lol nice try

don't tell Elon that, he'll buy it fire everyone.

Who are these people are they immigrants that are getting the jobs

Job losses of 328k. Great spin attempt though

Ummm unemployment rate went UP. Stop gaslighting.

What a crock of ! Companies are laying off left and right.

Or they are expecting people with no $ to shop for holidays...

Great when US economy added 261,000 jobs but did this number deduct those who lose their jobs in the same period.

Truth Alert!!!

That’s good news! I hope it’s true!

How does this show that it’s working Lmao their goal is fewer jobs to curb inflation. Who wrote this headline? 😂😂

Inflation is still up tho

'added' or recovered from before intentionally shutting down our economy? AskingForAFriend

This headline does not match the article.

Feds effort is to make people lose their jobs? You’ve got an incredible system there

You can tell when things are going well economically when the Republican anti democracy trolls come out to play

Twitter?

how many are people picking up second jobs to be able to feed their families?!?

So the economy is better? Less inflation? No recession

Or people are rebounding from the bs pandemic lock down.

Bidens puppet company

En dit dan, erikmouthaanRTL?

And a recession will happen sooner rather than later

tweet_stamp stamp

Still not working if wages keep going up. Powell did mention they're paying attention to that.

A fully restored private sector and continued growth .

The bots are doubling up their efforts

bots gonna be bottin’

Keep working cnn. Carrying water for TheDemocrats has to be hard right now.

It means that millions of jobs didn't come back after the lockdowns.

U.S. job gains surprisingly solid in October .

We’re F’d thanks Biden!

If anything, it shows that the Fed's efforts are not going well, not that they are working.

If anything, it shows that the Fed's efforts are not going well, not that they are working.

But jobs were being added before interest rates went up?

Propaganda. Doesn’t it get tiring carrying the water for the losing team?

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

Labor Market Added 261,000 Jobs In October As Unemployment Climbed To 3.7%Despite growing waves of layoffs, the data signals the labor market may still not be cooling quickly enough for the Fed to ease up on interest rate hikes. I wish I could work 2, 3 jobs at once... So there Jerome Powell !
Source: Forbes - 🏆 394. / 53 Read more »