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US Job Market Added Over 600,000 Jobs In October

US Job Market Added Over 600,000 Jobs In October

The U.S. job market added more jobs this October, with employers adding 638,000 jobs and the unemployment rate tumbling to 6.9 per cent reports from Labor Department says. The job gain shows that economic recovery is still intact even as US faces another surging outbreak of COVID-19. October’s increase was slightly below the 672,000 jobs that were added in September and far below the 1.5 million gain witnessed in August.

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Still, it is believed that the health of the economy may be better than last month’s headline …