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Job Market Working Its Way Back to Normal

Solid October employment gains along with upward revisions to prior months show a job market approaching what we'd typically expect for an economic recovery, say Morningstar's Bob Johnson and Vishnu Lekraj.


Jason Stipp: I'm Jason Stipp for Morningstar.

We got the government payroll report for the month of October on Friday. It showed 171,000 jobs were added to the economy. This is better than most economists' expectations, but more in line with our own experts here at Morningstar.

Jason Stipp does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.