New York (CNN Business) America's jobs recovery gathered some steam last month as US employers added 531,000 positions in October. The number of jobs added in October easily outpaced economists' prediction of 450,000 jobs. The US economy gained jobs across the board last month, with leisure and hospitality, manufacturing and transportation and warehousing leading the job gains. The leisure and hospitality sector was hit hardest during the pandemic recession and is still 1.4 million jobs short of its pre-pandemic level. October's jobs report marks a turning point after two months of sluggish job gains, slowed by rising coronavirus cases as the Delta variant raged across the globe.

Source: CNN November 06, 2021 03:17 UTC