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0 0.00137931034482764 -0.000919540229885038 -0.00229885057471268 -0.00551724137931023 -0.0124137931034483 -0.0114942528735632 -0.0179310344827586
Stock impact report

Economic Report: U.S. adds 250,000 jobs in October, wages rise at fastest pace in more than nine years [MarketWatch]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: MarketWatch
U.S. adds 250,000 jobs in October, wages rise at fastest pace in more than nine years The numbers: The rapidly growing economy generated a robust 250,000 new jobs in October, keeping the unemployment rate at a 48-year low and pushing the increase in worker pay to the highest level in more than nine years. Economists polled by MarketWatch had forecast a 208,000 increase in new nonfarm jobs. Yet another strong month of hiring kept the unemployment rate at 3.7%, the lowest rate since 1969. The creation of more than 20 million jobs since 2010 and the plunging unemployment rate are also delivering higher take-home pay for workers. The amount of money the average employee earns rose 0.2% last month to $27.30 an hour, the government said Friday. The result: The increase in pay over the past 12 months climbed to 3.1% from 2.8%, touching 3% for the first time since the end of the Great Recession in mid-2009. What happened: The increase in hiring last month was broad based — not a single Show less Read more
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