U.S. continues to generate jobs, yet inflation is eroding Americans' spending power

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U.S. continues to generate jobs, yet inflation is eroding Americans' spending power
U.S. employers created a surprising 165,000 new jobs last month, and the unemployment rate dipped to 4.1%.
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U.S. Employers Added A Surprising 165,000 Jobs In October; Unemployment Rate Dipped To 4.1%
The economy and job market have proven resilient in the face of a series of shocks, including the Iran war and taxes by the Trump administration.
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Hiring jumps: The economy added 165,000 jobs last month
The U.S. job market improved last month, according to a report from the Labor Department Friday. Employers added more jobs than forecasters had expected and the unemployment rate dipped to 4.1%.
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Employers added 165,000 jobs in October, soaring past expectations
Hiring across the U.S. surged last month and unemployment dipped, a sign the job market is picking up speed.







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