2026-11-09 05:16:19
US Nonfarm Jobs Rise 165,000 in October, Beating Expectations; Wage Growth Slows to 3.1%
According to Yonhap Infomax, US nonfarm employment increased by 165,000 in October, far exceeding market expectations of 50,000–60,000. The unemployment rate fell to 4.14% from 4.18% in September. However, year-over-year wage growth slowed to 3.1% from 3.2%, signaling cooling labor market momentum.