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Here’s where the jobs are for October 2020 — in one chart

first_imgThe U.S. economy added more jobs than expected in October and the unemployment rate fell sharply even as Americans continue to grapple with Covid-19 and its dampening impact on business.The Labor Department reported Friday that nonfarm payrolls increased by 638,000 and the unemployment rate was at 6.9%, both better than expectations of 530,000 jobs added and an unemployment rate of 7.7%.- Advertisement – The professional and business services sector was a bright spot in October with a net addition of 208,000 jobs. The government said about half of that gain was thanks to the hiring of temporary help workers.Employment also increased in services to buildings and dwellings (+19,000), computer systems design and related services (+16,000), and management and technical consulting services (+15,000).“Notable job gains occurred over the month in leisure and hospitality, professional and business services, retail trade, and construction,” the government said in a release.“Retail trade added 104,000 jobs, with almost one-third of the gain in electronics and appliance stores (+31,000),” the Labor Department added. “Employment also rose in motor vehicle and parts dealers (+23,000), furniture and home furnishings stores (+14,000), clothing and clothing accessories stores (+13,000), general merchandise stores (+10,000), and nonstore retailers (+9,000).”— CNBC’s Nate Rattner and Crystal Mercedes contributed reporting. The sector, which added 271,000 jobs last month, saw about 80% of that growth from restaurants and bars that rehired workers even as the U.S. set records for new daily Covid-19 infections. Despite the labor market’s stronger October, employment was below its February level by 10.1 million, or 6.6%.- Advertisement – – Advertisement – While much of the month’s upside came from the food service industry, some of the largest losses came from the public sector. Government employment fell by 268,000 across federal, state and local levels.Government hiring has been choppy in recent months thanks to a combination of volatility in federal hiring for the 2020 Census as well as weak demand for workers at public schools and universities.On the federal level, the Labor Department said government employment decreased by 138,000 thanks to a loss of 147,000 temporary 2020 Census workers. On the state and local levels, education employment fell by 61,400 and 97,800, respectively. CNBC studied the net changes by industry for October jobs based on data contained in the employment report.The leisure and hospitality industry continued its rebound after the coronavirus and efforts to contain its spread walloped spending at restaurants, hotels and bars earlier in the year. – Advertisement –last_img read more

Lakers’ Kobe Bryant listed as questionable to play vs. New Orleans

first_img“I don’t put pressure on myself,” Black said. “It happened. It is what it is. I can’t take it back. No point of worrying about it. I got to heal up, get better and get out there. My biggest thing is helping the team win.”Black will nurse crutches to alleviate the pressure on his right ankle and prevent it from swelling. Black also downplayed the pain level. And he also expressed optimism in the Lakers’ training staff.“It just hurt bad when it happened,” Black said. “But as far as the injury goes, I’ll be back soon. It’s just a matter of keeping the swelling down.”This absence will likely open up time for back-up center Robert Sacre, who has not played in the past five games partly because of Black’s emergence. “I just stay positive, keep working on my game,” said Sacre, who has averaged 3.7 points and 2.7 rebounds in 14 minutes through 36 games. “You never know when it might be your time.” NEW ORLEANS >> Within a day’s span, the plan for Kobe Bryant already changed.The Lakers (12-30) listed Bryant’s status to play in Wednesday’s game against the New Orleans Pelicans (20-21) at Smoothie King Center as questionable after missing Tuesday’s practice at U.S. Airways Center in Phoenix. Bryant originally planned to squeeze in a light shooting session Tuesday. Instead, he met the team at a Phoenix airport before flying to New Orleans on Wednesday. Bryant has missed eight of the past 15 games, including Tuesday’s 115-110 loss, to the Suns to preserve his 36-year-old body.The Lakers’ fluid roster goes beyond Bryant’s playing status. The Lakers have ruled reserve rookie center Tarik Black out against New Orleans after spraining his right ankle against Phoenix. X-rays turned out negative, though it is currently unclear if Black will play in Friday’s game in San Antonio.The Lakers also consider veteran guard Ronnie Price doubtful to play against the Pelicans after missing the past two games because of right elbow soreness. Price, however, completed a partial practice that entailed minimizing use of his right arm.Forward Carlos Boozer missed Tuesday’s practice because of a left triceps contusion, but he is listed as probable to play against New Orleans.Staying positiveBlack’s injury sours a promising start in which he has averaged 7.7 points on 66.7-percent shooting and 5.3 rebounds in 18.3 minutes through seven games. The Lakers picked up Black off waivers last month after the Houston Rockets parted ways with him to make room for Josh Smith.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more