Friends of Manufacturing

U.S. employers add 261,000 jobs in October, but wage growth stays subdued

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America’s job-creation machine, idled by the hurricanes in September, fired back up last month as employers added more than a quarter-million new jobs. But for most workers, stronger wage gains remain elusive.

The government’s latest snapshot of national employment, released Friday, showed that the labor market remains remarkably resilient. Employment snapped back last month with a net addition of a hefty 261,000 jobs, after Hurricanes Harvey and Irma depressed payrolls in September. Workers at restaurants and bars returned to their jobs, and hiring in manufacturing picked up, even as it languished at retailers.

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