Even with the Government shutdown last month, October was better month for new hires.
In Bloomberg’s article – Payrolls Beat Forecasts as U.S. Weathers Shutdown: Economy, it talks about employers were still hiring despite the government shutdown.
“The government shutdown really didn’t have a material impact on employment,” said Brian Jones, senior U.S. economist at Societe Generale in New York, whose forecast for a payroll gain of 175,000 was the highest in the Bloomberg survey. “The labor market is actually quite healthy, regardless of what people may think. The economy is doing better.”