Wednesday, 26 January 2022 | The Latest Buzz for the Appraisal Industry

Unemployment Rate Fell to 4.6 Percent in October 

The U.S. economy added 531,000 jobs in October – stronger than expectations – and the unemployment rate dropped to 4.6%, according to the U.S. Bureau of Labor Statistics.

Industry sectors that saw the strongest job gains in October included leisure and hospitality, professional and business services, manufacturing, and transportation and warehousing. Employment in public education declined over the month. 

As of the end of October, the number of unemployed persons stood at roughly 7.4

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