The number of unemployed has crept back up from 5.8 million in September, to 6.1 million after figures dipped slightly from 6 million in August, the U.S. Bureau of Labor Statistics said on Friday.
The unemployment rate has been in a narrow range of 3.5 percent to 3.7 percent since March, 2022, with jobless rates for adult women and white Americans said to have risen the most in October. There were also notable job gains in health care, professional and technical services, and manufacturing, the report said.
Strange take. Republican candidates are running on inflation and lagging wage growth. Any reduction in inflation thus pulls the rug out from under them and helps Democrats. 🤔
Gee slant things much?
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