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.»
