The U.S. economy added 165,000 jobs in October
The U.S. economy added 165,000 jobs in October, far exceeding the 59,000 increase expected in the Dow Jones consensus forecast for October, CNBC reported. The unemployment rate was 4.1%, below the 4.2% rate projected in the consensus, according to the report.
More context
The U.S. economy added 165,000 jobs in October, well above forecasts, and the unemployment rate was 4.1%, CNBC reported. Economists surveyed by Dow Jones had expected nonfarm payrolls to rise by 59,000 and the unemployment rate to hold at 4.2%. The jobs increase was nearly three times the consensus estimate.
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Reporting
- CNBC — Jobs report October 2026:
Verifier’s note
CNBC directly reports that October payrolls rose by 165,000 and unemployment was 4.1%. The New York Times result is a pre-release live update, while the White House result does not report the figures in the available text.