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'No More Rate Cuts': Economists React To October Jobs Report On Twitter

Nonfarm payroll employment increased by 128,000 jobs in October, the U.S. Bureau of Labor Statistics reported Friday, marking the country's 109th straight month of employment gains. 

The unemployment rate ticked up to 3.6%.


Notable job gains were seen in the food services and drinking places industry, which added 48,000 jobs in October. The healthcare industry added 15,000 jobs last month, and has now added 402,000 jobs in the past 12 months. 

Manufacturing employment dropped by 36,000 jobs in October, a reflection of the GM strike, which is now settled.

Employment in commercial real estate-related industries, including retail and construction, showed little change in October.

Here's how economists and others reacted to the jobs report on Twitter.