Jobs Report: Only Education and Government are Above Trend

by Peter Schiff, Schiff Gold: According to the BLS, the economy added 261k jobs in October with a big revision up in September from 263k to 315k. October was a beat against median expectations of 205k. The employment rate (black line) increased from 3.5% to 3.7% while the labor force participation ticked down from 62.3% to […]