YT&Twebzine
Employers are adding jobs, but wages remain low.
Employers are adding jobs, but wages remain low.
The jobs picture improved in October, as the unemployment rate dropped to 5.8 percent, according to the U.S. Department of Labor.

     The unemployment rate hasn't been that low since 2008. It was 5.9 percent in September.      Employers added 214,000 jobs in October. But even while the workforce was growing, wages changed little, according to the Bureau of Labor Statistics.  
      Monthly job increases have averaged 224,000 during the past three months, according to Erica L. Groshen, the bureau's commissioner.
      The health care industry is one of the areas with job increases, the report says. The industry added 25,000 jobs in October, in line with other increases during the year.
     The report spotlighted encouraging signs and problem areas of the economy:

        Related:

        Jobless rate plunges -- but pay stagnates

        Uncertainty lingers at jobless rate levels out

        The job slog: Some still struggling to find work