WASHINGTON — Nonfarm payroll employment rose by 261,000 jobs in October 2017, according to the latest figures from the Bureau of Labor Statistics (BLS).
The unemployment rate fell 0.1 percentage point, to 4.1 percent, the BLS said in a report issued Nov. 3.
The big leap in employment was partly because of an increase of 89,000 jobs in food services and drinking places. This offset a September loss in that sector of 98,000 jobs that was largely caused by the combined effects of Hurricanes Harvey and Irma, the agency said.
Professional and business services enjoyed a gain of 50,000 jobs during the month, while manufacturing increased by 24,000 jobs.
However, construction, wholesale and retail trade, and transportation and warehousing changed little during the month, it said.
The BLS figures match fairly well with those of the payroll services firm ADP Inc., which issued its October employment report Nov. 1
According to ADP, private sector employment grew by 235,000 jobs in October.
Job gains were divided more or less evenly as judged by company size, according to ADP. Small businesses (one to 49 employees) gained 79,000 jobs; medium businesses (50 to 499 employees), 66,000 jobs; and large businesses (500 employees or more), 90,000 jobs, the company said.