Job Market Resilient In October Despite GM Strike, Beating Expectations
U.S. employers added 128,000 jobs last month. The unemployment rate inched up to 3.6%. The drop in job creation reflects a slowing economy, but a strike at General Motors was also a factor.
Updated at 12:10 p.m. ET
U.S. employers added 128,000 jobs in October as the unemployment rate inched up to 3.6%.
Friday's report from the Labor Department suggests job growth remains resilient, despite the ongoing trade war and temporary setbacks such as the United Auto Workers strike at General Motors, which was settled a week ago.
