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Employers added 161,000 workers in October and the data also showed that more jobs were created in August and September than previously estimated. In addition, the official unemployment rate dropped to 4.9 percent, from 5 percent.
White House economic advisor Jason Furman praised the report but said in a statement that more work remains to continue to boost wage growth and to ensure that the benefits of the recovery are broadly shared.
In fact, 9,000 manufacturing jobs were lost in October, a figure that may provide more ammunition for Republican Donald Trump, who has railed against American companies moving production to other countries.
At the White House, Jon Decker, FOX News.
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