The nation's labor markets continued to grow at a slow and steady pace in October, with nonfarm payroll employment rising by 116,000. Year-to-date figures for 1995 show average monthly jobs growth of 138,000 — slightly less than half of the 1994 rate.
Suggested citation: “Labor Markets,” Federal Reserve Bank of Cleveland, Economic Trends, no. 95-11, pp. 10-11, 11.01.1995.