A Return to ‘Acceptable’ U.S. Jobs Report for October; Canada’s Also Okay
The U.S. total jobs increase in October was +531,000 according to the latest Employment Situation report from the Bureau of Labor Statistics. A gain of more than half a million would have been met with cheering in any month prior to the pandemic. And it’s better than September’s +312,000 and August’s +483,000. But it still leaves total employment in the U.S. significantly below where it was in February 2020, just before COVID-19 touched down.