Watch CBS News

Stocks rally after report shows employers added 261,000 jobs in October

Name: Stocks rally after report shows employers added 261,000 jobs in October
Uploaded: 2022-11-04T16:00:56-0400
Duration: 3 min 6 s
Description: Employers added 261,000 jobs in October while the unemployment rate ticked up to 3.7%, the Labor Department reported Friday. Gregory Daco, chief economist at EY-Parthenon, joined CBS News to discuss the labor market in a "resilient" economy.

Employers added 261,000 jobs in October while the unemployment rate ticked up to 3.7%, the Labor Department reported Friday. Gregory Daco, chief economist at EY-Parthenon, joined CBS News to discuss the labor market in a "resilient" economy.