U.S. non-farm employers added 250,000 jobs in October, the Labor Department reported Friday, besting an average of 208,000 new jobs forecast by economists surveyed by MarketWatch. The gains were enough to keep the unemployment rate at 3.7 percent, a 48-year low. Take-home pay for employees is also up, with average hourly earnings rising by 0.2 percent to $27.30 an hour. The wage increase over the past 12 months rose to 3.1 percent from 2.8 percent, marking the first time that number has reached 3 percent since the Great Recession ended in mid-2009.
Look at that last line...... first time since 2009! We are getting stronger again!!!
Grace & Peace & Love to you all -
Matt