2026-11-09 17:44:55
U.S. October Nonfarm Payrolls Surge 165K, Beat Forecast; Unemployment Falls to 4.1%, Raising December Rate Hike Odds to 76.8%
According to the U.S. Department of Labor released on November 6, October nonfarm payrolls surged to 165,000 jobs, far exceeding the median forecast of 65,000, while the unemployment rate fell to 4.1% from 4.2%. Prior two months' employment figures were revised upward by a combined 84,000. Following