{"id":1723,"date":"2020-11-06T14:55:11","date_gmt":"2020-11-06T14:55:11","guid":{"rendered":"https:\/\/wtibfm.com\/?p=1723"},"modified":"2020-11-06T14:55:18","modified_gmt":"2020-11-06T14:55:18","slug":"unemployment-rate-falls-to-6-9-percent-as-638000-jobs-added-in-october","status":"publish","type":"post","link":"https:\/\/wtibfm.com\/?p=1723","title":{"rendered":"Unemployment rate falls to 6.9 percent as 638,000 jobs added in October"},"content":{"rendered":"\n<p>The American economy added 638,000 jobs in October, just slightly better than expectations, according to a Friday morning report from the <a rel=\"noreferrer noopener\" href=\"https:\/\/abcaudio.us4.list-manage.com\/track\/click?u=e7c6daf297b0d503640349bcb&amp;id=a0e7404c62&amp;e=e42c4dc170\" target=\"_blank\">Bureau of Labor Statistics<\/a>.\u00a0 That lowered the unemployment rate to 6.9 percent from the previous month\u2019s rate of 7.9%, also better than expected.\u00a0 Jobs were added mostly in leisure and hospitality, professional and business services, retail trade, and construction.\u00a0 Even so, the economy still has to recover about 10 million jobs that have been lost since the pandemic-induced business closures that began in March.\u00a0 Also, the current surge of COVID-19 cases remains a grave threat and could negatively impact businesses anew.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The American economy added 638,000 jobs in October, just slightly better than expectations, according to a Friday morning report from the Bureau of Labor Statistics.\u00a0 That lowered the unemployment rate to 6.9 percent from the previous month\u2019s rate of 7.9%, also better than expected.\u00a0 Jobs were added mostly in leisure and hospitality, professional and business [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-1723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dont-miss-this"],"jetpack_featured_media_url":"https:\/\/wtibfm.com\/wp-content\/uploads\/2020\/10\/Blank-1000-x-5004.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wtibfm.com\/index.php?rest_route=\/wp\/v2\/posts\/1723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wtibfm.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wtibfm.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wtibfm.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wtibfm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1723"}],"version-history":[{"count":1,"href":"https:\/\/wtibfm.com\/index.php?rest_route=\/wp\/v2\/posts\/1723\/revisions"}],"predecessor-version":[{"id":1724,"href":"https:\/\/wtibfm.com\/index.php?rest_route=\/wp\/v2\/posts\/1723\/revisions\/1724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wtibfm.com\/index.php?rest_route=\/wp\/v2\/media\/1615"}],"wp:attachment":[{"href":"https:\/\/wtibfm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wtibfm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wtibfm.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}