Payrolls jumped 204,000 as U.S. economy weathered shutdown

THE U.S. ADDED 204,000 jobs in October despite the 16-day shutdown of the federal government, the U.S. Bureau of Labor Statistics reported Friday, exceeding economists' median forecast of 120,000 new jobs. Payrolls increased at manufacturers by the most since February, retailers added about twice as many workers as the month before, and leisure and hospitality employment was the strongest in six months. / COURTESY U.S. BUREAU OF LABOR STATISTUCS
THE U.S. ADDED 204,000 jobs in October despite the 16-day shutdown of the federal government, the U.S. Bureau of Labor Statistics reported Friday, exceeding economists' median forecast of 120,000 new jobs. Payrolls increased at manufacturers by the most since February, retailers added about twice as many workers as the month before, and leisure and hospitality employment was the strongest in six months. / COURTESY U.S. BUREAU OF LABOR STATISTUCS
WASHINGTON – Payrolls in the U.S. increased more than forecast in October, a sign that employers were optimistic the world’s biggest economy would weather the effects of the federal government shutdown. The addition of 204,000 workers followed a revised 163,000 gain in September that was larger than initially estimated, Labor Department figures showed Friday in…

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