October Jobs Report

#Jobs — higher than expected

“October’s growth brings the total payroll gains since May to around 12 million, though that still leaves unfilled about 10 million positions lost in March and April.” -CNBC

Gain of +638,000 non-farm payroll jobs, vs. expected 530K gain
Unemployment at 6.9%, down by 1.0%, vs. expected 7.7%
U6 unemployment at 12.1%, down by 0.7%
Labor force participation 61.7%, up by 0.3

Sept jobs revised up by +11K to +672K
August jobs revised up by +4K to +1.493M