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Workers pour concrete to create part of a bus stop in the Manhattan borough of New York City on Thursday, October 12, 2023. On Friday, the U.S. government issues the October jobs report. (AP Photo/Ted Shaffrey)

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US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates
November 5, 2023 midnight

US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates

Last month's job growth, though down sharply from a robust 297,000 gain in September, was solid enough to suggest that many companies still want to hire and that the economy remains sturdy.