A post by @BLS_gov on X.
Payroll employment rises by 165,000 in October; unemployment rate changes little at 4.1% #JobsReport #BLSdata
@BLS_gov on X
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U.S. payroll employment rose by 165,000 in October while the unemployment rate held nearly steady at 4.1%, according to Bureau of Labor Statistics data released Friday. The headline gain came in below the roughly 180,000 consensus estimate, while the jobless rate matched expectations. The report is the last major labor-market reading before the Federal Reserve's November policy meeting, keeping attention on whether hiring strength sustains the case for a slower pace of rate cuts. Markets will watch upcoming inflation data and Fed commentary for confirmation of the easing path.
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BLS, US labor market