By Robert Hughes
Job creation was better than expected in October and disappointing gains in September and August were revised higher. Furthermore, October employment was held down by the strike at General Motors (GM). Overall, job gains over the past few months appear significantly stronger than initially estimated. However, the pace of gain is still slower than the strong gains in 2018.
U.S. nonfarm payrolls added 128,000 jobs in October, after an increase of 180,000 new jobs in September and 219,000 in August. Government census workers helped boost August and September payrolls.
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