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 * Economy
 * U.S. Economy


OCTOBER JOBS REPORT: STRONG REBOUND AS U.S ECONOMY ADDS 531,000 JOBS


JOBLESS RATE FELL TO 4.6% AS LABOR MARKET BOUNCES BACK FROM SUMMER LULL

The Great Labor Shift, Explained in One Chart
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The Great Labor Shift, Explained in One Chart

The U.S. workforce is changing rapidly. In August, 4.3 million workers quit
their jobs, part of what many are calling ‘the Great Resignation.’ Here’s a look
into where the workers are going and why. Photo illustration: Liz Ornitz/WSJ
By
Josh Mitchell
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JOSH MITCHELL

 * Biography
 * @JMitchellWSJ
 * joshua.mitchell@wsj.com

Updated Nov. 5, 2021 2:30 pm ET

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The U.S. labor market sprang back to life in October after a summer slowdown,
with employers briskly adding jobs and nearly 200,000 women joining the labor
force.

The economy churned out 531,000 new jobs last month, the biggest gain in three
months, the Labor Department said Friday. Restaurants, consulting firms and
factories all boosted hiring, suggesting broad strength across the economy.
Nationwide job growth was also stronger in August and September than previously
estimated, with new data boosting employment over that period by 235,000 jobs.

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