Economy · Washington, D.C., United States · United States of America · November 7, 2026

US adds 165,000 jobs in October

Reported by 1 outlet · under-reported · first reported Nov 6, 11:06 AM ET

The US economy added 165,000 jobs in October, far above the 59,000 expected. Unemployment slipped to 4.1 percent.

Why it matters

Strong hiring may shape interest-rate decisions.

Background

Monthly jobs reports are released by the Labor Department.

The story so far

1. Oct 20US housing data weakens as Fed weighs further rate hikes
2. Oct 27Fed expected to hold rates
3. Oct 28Fed holds rates at 3.75-4% as inflation runs high
4. Oct 29US economy grows 3.4% as Fed holds rates
5. Nov 6US adds 165,000 jobs in October; unemployment falls to 4.1%
6. Nov 7US adds 165,000 jobs in October

Follow the whole story →

Sources

• CNBC ↗Nov 6, 11:06 AM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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