“Notable job gains occurred in health care, professional and technical services, and manufacturing.”
(by Half Dollar) The Employment Situation Report, commonly called the Jobs Report, has just been released for the month of October, 2022.
And according to the BLS, in the US, in October:
- Total employment rose by 261,000
- Unemployment rate rose to 3.7%
- Average hourly earnings rose by $0.12 per hour
Mind the renewed over-construction of restaurants, fast food and fast casual that we see all around us, because this month, it’s all about the good jobs.
From the first paragraph of the report:
Notable job gains occurred in health care, professional and technical services, and manufacturing.
America is back!
Silver was launched in price over to $20 per ounce with the release of the “report”:
Because Wednesday’s Fed “Pivot” is old news, for the booming economy narrative is back!