November 5, 2021

BLS Employment Situation Report (October 2021)

 Nonfarm Payrolls month/month  531,000.   Previous was 194,000

- Unemployment Rate   4.6%. Previous was  4.8%

- Private Payrolls - month/month 604,000.  Previous was   365,000

- Manufacturing Payrolls month/month  60,000. Previous was   31,000

- Labor Participation Rate     61.6%. Previous was  61.6%

- Average Hourly Earnings month/month    0.4%. Previous was  0.6%

- Average Hourly Earnings year/year    4.9%. Previous was  4.6%

- Average Workweek        34.7 hours. Previous was  34.8 hours  

Source:  BLS  Details:  https://www.bls.gov/news.release/empsit.nr0.htm