U.S. added 165,000 jobs in October, blowing past 65,000 estimate
Open the sourceReported by CoinDesk, coindesk.com, 6 November 2026, by Stephen Alpher
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U.S. employers added 165,000 jobs in October, far exceeding the 65,000 consensus estimate. The stronger-than-expected payrolls report suggests the labor market remains resilient despite elevated interest rates. The data likely takes a back seat to upcoming inflation figures and equity market moves as the Federal Reserve weighs its next rate decision. Investors will watch the next CPI print and Fed commentary for signals on the policy path.
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Named in this story
U.S. jobs report, Federal Reserve