U.S. saw hiring surge in October

A new U.S. jobs report out Friday painted a surprisingly better picture of overall hiring.

Not only did employers add 531,000 new workers in October, but the report revised figures in September and August sharply higher.

And the unemployment rate dropped further to 4.6 percent.

The U.S. saw job growth last month nearly across the board. The sectors with the biggest gains: leisure and hospitality, professional services and manufacturing.

The report offered more evidence of resurgent economic activity after the Delta variant and goods shortages had hampered growth over the summer. But the U.S. Labor Department data show there's still a lot of room to grow: Millions remain unemployed and outside the labor force. And more than 10 million jobs were unfilled as of the end of August.

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