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US economy adding jobs with gusto as Delta wave subsides

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AFP

Washington (AFP) – More Americans went back to work in October as Covid-19 cases receded, indicating the world’s largest economy had overcome the obstacle posed by the Delta wave of the virus and giving President Joe Biden a much-needed boost. The better-than-expected report from the Labor Department released Friday showed the US economy added 531,000 jobs last month and the unemployment rate declined to 4.6 percent, both signs of a vigorous pace in hiring by American businesses. It was exactly the kind of news Biden was hoping for after a week that saw his Democrats suffer a sweeping defeat i…

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