Jobs Growth

The U.S. government announced on Friday non-farm payrolls for the month of October rose 161,000, falling short of the 178,000 figure experts were expecting. However, the numbers were higher than the prior reading of 156,000, which was revised this month higher to 191,000. Benzinga had an...

Consumer spending for the month of September rose 0.5 percent from a month earlier, which exceeded the 0.4 percent growth economists surveyed by the Wall Street Journal were expecting. The Wall Street Journal further noted that personal-consumption expenditures rose at a 2.1 percent pace in the...