The U.S. Economy Added 531,000 Jobs in October, Better Than Expected

The U.S. economy added 531,000 jobs in October and the unemployment fell to 4.6 percent.

Economists had expected 400,000 positions added to payrolls and an unemployment rate of 4.7 percent, according to Econoday.

Enhanced unemployment benefits were ended in September, likely prompting many people who were out of work during the summer months to return to work.