What to expect from Friday’s monthly jobs report – CNN

by | Nov 3, 2022 | Jobs

New York
CNN Business
 — 

When the Bureau of Labor Statistics releases its October jobs report on Friday, it will be the last major read of the economy before the midterm elections — and it will cap a week of new data signaling that the white-hot labor market is showing only tentative signs of cooling off.

The US economy is expected to have added 200,000 jobs last month, down from 263,000 in September but well above the pre-pandemic average. The unemployment rate is expected to edge up slightly, to 3.6% from 3.5% — still close to a half-century low.

But, good news is …

Article Attribution | Read More at Article Source

Share This