Slight downturn in labour market boosts case for Fed to stop raising interest rates PUBLISHED : 3 Nov 2023 at 21: 31 Kitchen personnel work at a diningestablishment at the Grand Central Market in Los Angeles. (Photo: Bloomberg) WASHINGTON – UnitedStates task development moderated in October by more than anticipated and the joblessness rate increased to an nearly two-year high, marking a action down from the warmed workingwith speed this summerseason. Nonfarm payrolls increased 150,000 last month compared with 297,000 in September, the Bureau of Labor Statistics reported on Friday. The joblessness rate climbedup to 3.9% from 3.8%, and month-to-month wage development slowed. Stock
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