Following September’s blockbuster employment report, the Bureau of
Labor Statistics on Friday said more records were set in October.
A record 158,510,000 Americans are now working, the 23rd such record since President Donald Trump took office.
The nation’s labor force participation rate also set a Trump-era high
of 63.3 percent. This number is explained in greater detail below, but
the higher, the better. Payroll taxes from people who work help support
programs for those who don’t.
The economy added 128,000 jobs in October, higher than economists expected, given the General Motors strike that began on Sept. 15 and lasted six weeks.