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Data: BLS; Chart: Axios Visuals

The job market added a stunning 531,000 jobs last month. The unemployment rate ticked down to 4.6% — a new pandemic-era low.

Why it matters: America's job market recovery has been on track all along.

Between the lines: Revisions to prior months are often overlooked. Not this month: Upgrades to both August and September were so enormous — fully 366,000 jobs higher than originally reported — that they have definitively reversed the narrative that there was a Delta-induced hiring slump in late summer.

By the numbers: America has now recovered 80% of the jobs lost at the depth of the recession in 2020.

The big picture: Leisure and hospitality added 164,000 jobs last month — but jobs growth was widespread. The disappointment — again — came in public sector education. State and local education shed a combined 65,000 jobs.

  • Wages are still rising: Average hourly earnings rose another 11 cents an hour in October, to $30.96. That's enough to keep up with inflation.

What to watch: Millions of workers remain on the sidelines — and there wasn't much improvement in pulling them back into the workforce.

The bottom line: "The Fall hiccup is now at best a Fall deep breath," tweeted University of Michigan economist Justin Wolfers.

Go deeper

Report pegs Philly's "true" unemployment rate

Expand chart
Data: Ludwig Institute; Map: Danielle Alberti/Axios

Unemployment in the Philadelphia metro area is hovering at about 5%, the lowest it's been since before the pandemic, according to latest figures from the U.S. Bureau of Labor Statistics.

  • It's a major improvement from the 15% rate BLS reported in April of 2020, right after major coronavirus-driven shutdowns.

Yes, but: One analysis suggests unemployment in the metro is much higher — and that the "true" number of people who were jobless during the height of the pandemic was around 28.3%.

Progressives to file resolution to strip Boebert's committee seats

Rep. Lauren Boebert walking through the Senate side of the U.S. Capitol earlier this month. Photo: Drew Angerer/Getty Images

House progressives are planning to introduce a resolution on Wednesday to strip Rep. Lauren Boebert (R-Colo.) of her committee assignments, according to a Democratic aide familiar with the matter.

Why it matters: The move, which was first reported by the Washington Post, comes as progressives — anxious to see the right-wing firebrand face retribution for her recent comments — have grown frustrated by Democratic leadership's inaction on the issue.

Roger Stone won't cooperate with Jan. 6 panel

Longtime Trump confidante Roger Stone speaking in front of the Supreme Court on Jan. 5 in Washington, D.C. Photo: Tasos Katopodis/Getty Images

Longtime Trump confidante Roger Stone won't cooperate with the House select committee investigating the Jan. 6 Capitol riot and will invoke the Fifth Amendment right not to testify, his attorney said Tuesday evening.

Why it matters: The announcement, first reported by ABC News, came hours after former White House chief of staff Mark Meadows said he wouldn't cooperate with the probe.