US Employers Add 165,000 Jobs In October, Beating Forecasts
· Business · CBS News, Bloomberg, CNBC
Employers in the US added 165,000 jobs in October, significantly exceeding the 65,000 jobs predicted by economists. The national unemployment rate fell to 4.1% from 4.2% in September. The Labor Department also revised upward the payroll gains for August and September by 84,000. Hiring trends appear to be accelerating following a slow 2025, according to industry analysts.
Why it matters
Stronger-than-expected hiring figures suggest resilience in the US labor market despite ongoing inflationary pressures.
Read the original report — CBS News
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.