US jobs figures boost global stock markets despite trade worries

Read More On The Gulf Times and other global news outlets

Stock markets pushed higher on Friday after data showed the US economy continuing to add jobs at a steady clip despite turbulence from a trade war with China.

A better-than-expected 128,000 net new jobs in October showed demand for workers remained resilient despite President Donald Trump’s protracted trade war with China that has chilled investment and slowed the economy.

Gains in the prior months were revised up sharply, the jobs market absorbed the impact of a General Motors strike and wages continued to climb, all combining to paint a positive jobs picture.

Read the full story on Gulf Times

Other outlets also reported about the recent employment data, click here to read it on Yahoo Asia, Yahoo, Times Malta, Proactive Investors & International Business Times