Economy

U.S. economy added 165,000 jobs in October, way more than expected; unemployment rate slips to 4.1%

Summary

The U.S. economy added 165,000 jobs during October, significantly exceeding market forecasts. At the same time, the national unemployment rate dipped slightly to 4.1 percent.

Nonfarm payrolls were expected to increase by 59,000 in October as the unemployment rate was expected to hold steady at 4.2%.

Source: Read the full story at Economy

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