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November 2, 2018

The Bureau of Labor Statistics reported the economy added 250,000 jobs in October as the employment rate or Employment-to-Population Ratio (or the percentage of adults with jobs) rose 0.2 percentage points to 60.6 percent, a new high for the recovery. However, the rate of job growth in the first 21 months of the Trump administration is somewhat below the median for recent presidential terms. For more, check out the latest Jobs Byte.