AFP, Washington :
The US labor market took a punch in October from an extended strike at General Motors but the economy continued to add jobs at a solid pace, according to official data released Friday.
The steady hiring showed demand for workers remained resilient despite President Donald Trump’s protracted trade war with China, that has chilled investment and slowed the economy.
Employers added 128,000 net new jobs, the Labor Department reported in the closely-watched monthly employment report, defying many economists who expected a sharp slowdown.
And gains in the prior months were revised up sharply and wages continued to climb, making the jobs picture even stronger.
The US labor market took a punch in October from an extended strike at General Motors but the economy continued to add jobs at a solid pace, according to official data released Friday.
The steady hiring showed demand for workers remained resilient despite President Donald Trump’s protracted trade war with China, that has chilled investment and slowed the economy.
Employers added 128,000 net new jobs, the Labor Department reported in the closely-watched monthly employment report, defying many economists who expected a sharp slowdown.
And gains in the prior months were revised up sharply and wages continued to climb, making the jobs picture even stronger.
