The unemployment rate was 4.6 per cent in October, 0.2 percentage points lower than in September.
The United States the strong economic recovery continued in October.
According to data released by the Ministry of Labor on Friday, the number of people employed outside agriculture increased by 531,000.
The unemployment rate was 4.6 per cent in October. In September, it was 4.8 percent. Before the coronavirus pandemic escalated in early 2020, the unemployment rate was 3.5 percent.
Employment improved by two in September and August, clearly less than expected. The number of employees increased by 312,000 in September.
In contrast, growth in October was better than expected: economists estimated in a preliminary survey by the news agency Reuters that the number of employed would have increased by 450,000.
The labor market recovery is one of the key issues for the U.S. economy. The improvement in employment was one of the reasons the central bank decided on Wednesday to reduce its securities purchases.
Governor of the Central Bank Jerome Powell estimates on Wednesday that full employment in the United States can be achieved in the middle of next year.
The central bank will cut purchases of federal bonds and mortgage-backed securities by $ 15 billion from mid-November.
Following the escalation of the coronavirus pandemic, it has purchased $ 120 billion worth of securities each month.
Purchases the aim is to ensure that banks can lend on favorable terms to companies and households in financial difficulties.
The sellers of the securities are banks and investors who receive central bank money in return. It will allow them to increase their other investment and increase their lending to businesses and households.
The International Monetary Fund (IMF) estimates that the U.S. economy will grow 6.0 percent this year and 5.2 percent next year.
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