• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Bautis Financial

Bautis Financial

Secure your Castle, Achieve your Dreams.

  • Schedule a Call
  • Podcasts
    • Agent of Wealth
    • Clear a Path
  • About
    • Our Approach
    • Our Team
    • Our Difference
  • Who We Work With
    • Individuals and Families
    • Small Business Owners
    • Retirees and Pre-Retirees
    • 401k Plan Sponsors
  • Insights
    • Blog
    • Business Valuation Advisor
    • College Planning Hub
    • Discover How
    • Learning Center
    • Risk Score
  • Client Access
    • Wealth Center
    • Orion

October 2021 Jobs Report Reveals Hiring Surge – Daily Flash Briefing

November 5, 2021 by Bautis Financial
October 2021 Jobs Report Reveals Hiring Surge

The unemployment rate declined to 4.6%, the lowest since the COVID-19 pandemic began.

The October 2021 Jobs Report released on Thursday revealed that hiring rose sharply last month, with the United States economy adding 531,000 jobs. The unemployment rate declined to 4.6 percent from 4.8 percent — the lowest since the COVID-19 pandemic began.

Last month’s gain was an improvement from the 312,000 jobs added in September and outpaced predictions from economists at Bloomberg, who were looking for a gain of 450,000.

The increase in employment was broad, with sizeable gains in the hospitality and leisure sectors, as well as in factories and offices. 

The results reveal that employers are feeling more optimistic as the latest coronavirus surge eases. “This is the kind of recovery we can get when we are not sidelined by a surge in COVID cases,” Indeed’s economic research developer Nick Bunker said. 

However, total payrolls are still down 8% from pre-pandemic times.

Get instructions on how to enable our Flash News Briefing skill to your Amazon devices:

Bautis Financial’s Amazon Alexa Daily Flash News Briefing
Category: Finance NewsTag: Economy, Employment, Job Market, Jobs, Jobs Report, October 2021 Jobs Report, Unemployment, Unemployment Rates
Previous Post: « Marc Bautis Advisor Commentary Bautis Financial Advisor Commentary: November 4, 2021
Next Post: Market Recap Week of 11/01/2021 Through 11/05/2021 – Daily Flash Briefing Stock Trader Assessing the Stock Market »

Subscribe to Our Insights

Sign up to receive valuable financial insight and updates straight to your inbox each week.

Social

Follow along on social media

Contact

Bautis Financial
7 North Mountain Ave
Montclair, NJ 07042
Get directions
862-205-5800
Contact

Navigation

  • Schedule a Call
  • Podcasts
    • Agent of Wealth
    • Clear a Path
  • About
    • Our Approach
    • Our Team
    • Our Difference
  • Who We Work With
    • Individuals and Families
    • Small Business Owners
    • Retirees and Pre-Retirees
    • 401k Plan Sponsors
  • Insights
    • Blog
    • Business Valuation Advisor
    • College Planning Hub
    • Discover How
    • Learning Center
    • Risk Score
  • Client Access
    • Wealth Center
    • Orion

Copyright © 2022 · Bautis Financial · All Rights Reserved · Powered by Mai Theme

Return to top