The US economy added 250,000 jobs in October, significantly exceeding expectations, the government announced Friday.
« Clearly there’s some concern in financial markets, but this report just tells you that the labor market is just shrugging that off for now, » said Josh Wright, chief economist for the recruiting platform iCIMS. « Even if some corporations are concerned about the medium-term outlook, in the very near term they’re really focused on bringing in fresh talent to capitalize on the economy for as long as it lasts. »
