Jobs report October 2026:
The U.S. economy added jobs at a much stronger than expected pace in October, while the unemployment rate moved lower as the labor market showed surprising strength.
Nonfarm payrolls increased by a seasonally adjusted 165,000 for the month, compared with the Dow Jones estimate for 59,000, the Bureau of Labor Statistics reported Friday.
The unemployment rate nudged down to 4.1%, compared with the forecast for 4.2%.
This is breaking news. Please refresh for updates.
