Employment grew by 261,000 jobs in October, its strongest monthly increase in over a year. An average of 168,500 jobs has been added per month through the first 10 months of 2017, down almost 10% from the average monthly gain of 186,700 jobs in 2016.
The unemployment rate fell to 4.1% in October, its lowest level since late 2000. In October 2016, the unemployment rate stood at 4.8%.1
Market Conditions
