180.000 jobs expected to have been added in October – Move To America
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180.000 jobs expected to have been added in October

ID-100178687 (1)According to a group of analysts, the U.S. economy is expected to have added about 180.000 nonfarm jobs in October. They also expect the overall earnings to have increased by 0.2 percent over the month that just ended.

Several surveys programmed to be released over the next week suggest that the U.S. non-manufacturing segment has been doing quite well in terms of payroll enrolments, although the growth pace may not have been as speedy as it was in September. The service sector, in particular, has been doing well, economists say. Specialists also expect that the U.S. economy will see average jobs gains above 150.000 a month in October and November.

These are anticipations for the official report from the U.S. Labor Department, scheduled to be released next week. This particular report holds great importance because it may be decisive for the Federal Reserve’s decision of raising interest rates or not.

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