Hiring across the U.S. stalled in October as coronavirus cases flared across the U.S. Employers added 638,000 jobs last month, a slight drop from 672,000 the previous month, the Labor Department said on Friday.
In a more positive sign, the nation’s unemployment rate dropped by a full percentage point, to 6.9%, as more unemployed workers found jobs. The economy has recovered about 12 million of the 22 million jobs lost in April and May as COVID-19 was spreading around the U.S.
This is a developing story.
