In October Jobs Report, US Hiring Picks Up Strongly

U.S. payrolls advanced by 204,000 jobs last month, the Labor Department said Friday, far exceeding economists’ forecast for a gain of 120,000. Readings for the prior two months were revised up by a total of 60,000, putting average job creation over the three-month span above a 200,000 pace, matching the strong gains recorded early in the year.

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