U.S. unemployment drops to lowest in 17 years

HARTFORD — America’s job market got back on its feet in October. The U.S. economy rebounded from the hurricanes and added 261,000 jobs, the best performance of the Trump administration. Unemployment inched down to 4.1 percent, the lowest since December 2000. “This labor market is still really firing on all cylinders,” says Scott Anderson, chief economist at Bank of the West in San Francisco. Wages took a step back. They grew only 2.4 percent in October compared with a yea