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U.S. Added 165,000 Jobs In October; Entertainment Employment Rises
The US added 165,000 jobs in October, more than expected, while unemployment held at 4.1%. The report points to renewed strength after uneven job growth this year, with entertainment employment also rising.
Professional and business services, healthcare, and transport and warehousing recorded the largest gains. Film and music production added 3,200 jobs to reach 328,400, and broadcasting and content providers added about 200 to 327,600; publishing lost 4,100 jobs. Average hourly pay rose 14 cents to $38, up 3.1% over the year, while revised figures added 84,000 jobs to August and September totals.
In short
- US employers added 165,000 jobs in October.
- Unemployment remained at 4.1%.
- Film and music production gained 3,200 jobs.