Mexican Media Brands
U.S. Unemployment Drops to 5.8%
America added 214,000 jobs in October, helping lower its seasonally adjusted jobless rate to 5.8% from 5.9% in September, the U.S.
#economics
Share
America added 214,000 jobs in October, helping lower its seasonally adjusted jobless rate to 5.8% from 5.9% in September, the U.S. Bureau of Labor Statistics reports. Unemployment was at 6.6% in January.
Manufacturing added 15,000 jobs last month. So far this year the sector has expanded by 170,000 positions, mostly in durable goods, according to the bureau.
BLS data show the economy's monthly employment level has grown by 200,000 jobs since February, the longest growth run since 1995. About 9 million people remain unemployed.
RELATED CONTENT
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future