- New numbers out todayindicate the jobs market is

bouncing back as demand for workers grows

and COVID cases decline,October stats jumping

almost three times the dismal gains

we saw back in September.

CBN's Brody Carter has a breakdown

of the latest jobs report.

Brody, despite a reboundingjob market, experts still worry

about inflation and its heavy toll.

- US jobs have risen each month this year

and wages are up.

Those dollars aren't goingas far as October reflects

an even healthier climbthan economists expected.

The labor market stillhas a long way to go.

- The job creation in thefirst full nine months

of my administration isabout 5.6 million new jobs,

a record for any new president.

- [Brody] Despite risingemployment, jobs are still

down about 4.2 millionsince the pandemic began,

that increase directly affected

by the ebb and flow of COVID.

- Even as the virus factorsort of eases out, I still

anticipate that we'regonna have difficulty

with filling a lot of jobs.

The help wanted signs in windows

aren't necessarilygoing away anytime soon.

- [Brody] Friday's numbersshow the nation added

531,000 jobs in October,dropping unemployment

to 4.6 compared to last month.

- America's getting back to work.

Our economy is starting towork for more Americans.

- [Brody] Household surveys show white men

reap the most benefit.

Jobless rates stayed stagnant for women,

teens, blacks, Asians, and Hispanics.

Industries gaining the most in October

include leisure and hospitality,

professional and business services,

and manufacturing, especiallyfor motor vehicles.

The biggest loss camein the education sector

at state and local schools.

- And so the enrollmenthasn't necessarily come back

even as the public schools have opened.

And I think that's why we'reseeing sort of a decline

in the employment there.

- Phil Kerpen, a FreeMarket Policy Analyst says

desperate employers are raising wages,

offering bonuses and flexiblehours just to fill openings

and meet consumer demand.

But will it be enough to keepup with rising inflation?

- You've got wages thatare rising pretty rapidly

but prices are rising even faster.

And so in real terms, peopleare actually losing ground.

They're making more but they're able

to purchase less with it.

And it looks like it's more likely

to get worse than better, right now.

- [Brody] And as thepresident doubles down

on the business vaccine,combined with pushing

historic governmentspending, the nation waits

to see what the future ofAmerica will look like.

- You know, obviously thebig unknown is whether we're

gonna have another bigwinter wave with the virus.

If that happens, do they havethe same crazy policy response

and try to lock things down again,

or do they sort of acceptthis as part of life

and we have to deal with it?

- Statewide numbers will be released

in the coming weeks togive a better indication

of where things stand regionally.

The January 4th vaccinemandate and the future

of the Build Back Betteragenda could drastically

change the workforce in the coming