U.S. employers slowed their hiring in October after a blockbuster month of job growth the previous month. The drop partly reflects the United Auto Workers strikes.
The U.S. added 150,000 jobs last month, the Labor Department said on Friday, somewhat lower than the 180,000 jobs that economists had forecast. The unemployment rate inched up to 3.9%.
October’s job gains were about half the 297,000 jobs added in September, according to the government’s revised estimates.
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