Commissioner's Statement on the Employment Situation News Release — 2017-11-03
Advance copies of this statement are made available to the press under lock-up conditions with the explicit understanding that the data are…
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Advance copies of this statement are made available to the press under lock-up conditions with the explicit understanding that the data are embargoed until 8:30 a.m. Eastern Daylight Time. In October, nonfarm payroll employment rose by 261,000, after changing little in September. The unemployment rate edged down to 4.1 percent in October. Employment rose sharply in food services and drinking places, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. Job gains also occurred over the month in professional and business services, manufacturing, and health care. Incorporating revisions for September and August, which increased nonfarm payroll employment by 90,000, monthly job gains have averaged 162,000 over the past 3 months. Employment in food services and drinking places increased by 89,000 in October. This followed a decline of 98,000 in September. Many workers in this industry who were off payrolls due to the hurricanes returned to their jobs in October.
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