Friday, November 5, 2010

More Than 1 Million Jobs Added So Far This Year, Strongest 10-Month Gain in More Than 3 Years

Private-sector payroll jobs increased in October for the 10th straight month, as private employers have added 1,115,000 jobs so far this year, according to today's BLS report (see chart above). The last time there were 10 consecutive months of private employment gains was in the 2006-2007 period before the recession started, which was also the last time that more than 1 million jobs were added in a 10-month period.   

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