638K Jobs Gained in October 2020 as Economic Recovery Continues

Posted by HealthTrust Workforce Solutions on Nov 9, 2020 1:16:58 PM

The October Bureau of Labor Statistics (BLS) 2020 Hiring Situation reported job growth of 638,000 new jobs last month, with the unemployment rate dropping down one percentage point to 6.9%. In October, employment in healthcare rose by 58,300 new jobs, with the largest gains occurring in ambulatory care settings (50,700) and hospitals (+16,200) These increases were partially offset by a decline of 9,000 in nursing and residential care facilities.

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Topics: Jobs Report, Coronavirus, October


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