Monthly Jobs Summary: October 2020

By Robert Half on November 6, 2020 at 8:35am

OCTOBER 2020 U.S. BUREAU OF LABOR STATISTICS MONTHLY JOBS SUMMARY

638,000 JOBS ADDED*

6.9% UNEMPLOYMENT RATE*

4.2% UNEMPLOYMENT RATE UNEMPLOYMENT RATE FOR COLLEGE GRADS*/**

UNEMPLOYMENT RATE OVER THE PAST 12 MONTHS*

Unemployment Rate Unemployment Rate for College Grads
November '19 3.5% 2.0%
December '19 3.5% 1.9%
January '20 3.6% 2.0%
February '20 3.5% 1.9%
March '20 4.4% 2.5%
April '20 14.7% 8.4%
May '20 13.3% 7.4%
June '20 11.1% 6.9%
July '20 10.2% 6.7%
August '20 8.4% 5.3%
September '20 7.9% 4.8%
October '20 6.9% 4.2%

*Source: Bureau of Labor Statistics

**College-degreed workers 25 and older

See what these results mean for job seekers and employers at roberthalf.com/blog.

HIRING AMID COVID-19

53% of senior managers have hired full-time or temporary staff remotely since the pandemic began.

Source: Robert Half survey of more than 2,800 senior managers in the U.S.

© 2020 Robert Half. An Equal Opportunity Employer M/F/Disability/Veterans.

roberthalf.com

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