U.S. Adds 250,000 Jobs in October, Wage Gains Rise to 3.1%

The video discusses the US unemployment rate, which remained at 3.7% in October, the lowest since 1969. Average hourly earnings increased by $0.83 year-over-year, marking the highest rise since 2009. The labor participation rate saw a slight increase to 62.9%. Job revisions for September and August were noted, with significant job gains in healthcare, manufacturing, construction, and transportation sectors. Overall, 250,000 jobs were added to the US economy in October.

What sectors saw significant job gains last month?

How many jobs were added to the US economy in October?