Thursday, October 30, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Here’s where the jobs are for October 2022 — in one chart

by Euro Times
November 5, 2022
in Finance
Reading Time: 2 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


Jobs growth came in better than expected in October thanks in part to strong gains in the manufacturing, health-care, and professional and business services sectors.

Manufacturing jobs increased by 32,000 last month, boosted by gains in the durable goods industry, according to the Labor Department. That advance brought the sector’s average monthly job gain for the year to 37,000, compared with 30,000 per month in 2021.

Some market participants found the increase notable given the sharp slowdown in goods spending in the economy this year, as consumers shift more of their spending to services.

“The manufacturing gain of 32,000 suggest the economy is far from slowing in a meaningful way,” TradeStation Group’s David Russell wrote in a Friday note.

The health-care and social assistance sector also enjoyed strong gains, adding 71,100 jobs last month. By itself, the health-care sector gained 53,000 jobs in October, boosted by growth in ambulatory health-care services, as well as nursing and residential-care facilities.

According to the Labor Department, employment in health care has risen by an average 47,000 per month so far in 2022, outpacing the 9,000 jobs gains posted per month last year.

“People delayed a lot of procedures because of Covid for the last couple of years, so hip replacements and things that were somewhat optional,” said Horizon Investments’ CIO Scott Ladner. “We’re starting to see a surge of those procedures come back.”

Leisure and hospitality employment, meanwhile, continued its upward trend, adding 35,000 jobs in October. Jobs growth in the sector was mainly driven by an increase in accommodation jobs, which added 20,000 last month. Positions in restaurants and drinking establishments remained little changed, up 6,000.

The sector is still down by 1.1 million jobs, or 6.5%, from its pre-pandemic level, according to the Labor Department.

Professional and business services also was a standout sector, adding 39,000 jobs in October.

Several sectors lagged those areas in the October jobs report, however. Financial activities gained just 3,000, as employment in the sector has “changed little” over the past six months, the Labor Department said. Construction added just 1,000 jobs in October.

The retail trade sector was also little changed heading into the holiday season, adding just 7,200 jobs.



Source link

Tags: chartHeresjobsOctober
Previous Post

US congresswoman vows no more funding for Ukraine — RT World News

Next Post

Bitcoin breaks $21,000 as open interest sinks, spot volumes rise

Related Posts

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

by Kevin Breuninger,Anniek Bao,Evelyn Cheng
October 30, 2025
0

BUSAN, SOUTH KOREA - OCTOBER 30: U.S. President Donald Trump (R) speaks with Chinese language President Xi Jinping throughout a...

Stocks Pressured as Fed Chair Powell Downplays Further Rate Cuts

Stocks Pressured as Fed Chair Powell Downplays Further Rate Cuts

by Barchart
October 30, 2025
0

The S&P 500 Index ($SPX) (SPY) on Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.16%, and the Nasdaq 100...

More than a million current account switches in year as bank apps attract savers

More than a million current account switches in year as bank apps attract savers

by Anna Wise
October 30, 2025
0

Signal as much as our free cash publication for funding evaluation and skilled recommendation that will help you construct wealthSignal...

Citibank to boost investment in India as firms eye global expansion: Viswas Raghavan

Citibank to boost investment in India as firms eye global expansion: Viswas Raghavan

by Shilpy Sinha, George Smith Alexander, Sruthijith KK
October 30, 2025
0

Citibank plans to deploy extra capital because it broadens the concentrate on India, Citi head of banking and govt vice...

The Trump Administration Is Lying Us Into Another War

The Trump Administration Is Lying Us Into Another War

by Connor O'Keeffe
October 29, 2025
0

Final week, President Trump ordered an plane service strike group into the waters off Venezuela. The deployment of the USS...

Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’

Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’

by Anniek Bao
October 29, 2025
0

TOKYO, JAPAN - OCTOBER 27: U.S. President Donald Trump disembarks Air Power One as he arrives at Haneda Airport on...

Next Post
Bitcoin breaks ,000 as open interest sinks, spot volumes rise

Bitcoin breaks $21,000 as open interest sinks, spot volumes rise

BlackRock Capital Investment Corporation (BKCC) Q3 2022 Earnings Call Transcript

BlackRock Capital Investment Corporation (BKCC) Q3 2022 Earnings Call Transcript

This Anker Prime Charger makes cable management a breeze

This Anker Prime Charger makes cable management a breeze

October 30, 2025
Israeli ultra-Orthodox Jews rally in Jerusalem against military service | Israel-Palestine conflict News

Israeli ultra-Orthodox Jews rally in Jerusalem against military service | Israel-Palestine conflict News

October 30, 2025
What’s Andrew Cuomo’s Plan to Help New York City Renters?

What’s Andrew Cuomo’s Plan to Help New York City Renters?

October 30, 2025
Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

October 30, 2025
Motilal Oswal Q2 Results: Profit plunges 68% YoY to Rs 362 crore, revenue down 35%

Motilal Oswal Q2 Results: Profit plunges 68% YoY to Rs 362 crore, revenue down 35%

October 30, 2025
Xi-Trump meeting sparks optimism in China — but many wonder what comes next

Xi-Trump meeting sparks optimism in China — but many wonder what comes next

October 30, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

This Anker Prime Charger makes cable management a breeze

Israeli ultra-Orthodox Jews rally in Jerusalem against military service | Israel-Palestine conflict News

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In