U.S. economy added 165,000 jobs in October, way more than expected; unemployment rate slips to 4.1%
Nonfarm payrolls were expected to increase by 59,000 in October as the unemployment rate was expected to hold steady at 4.2%.
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Nonfarm payrolls were expected to increase by 59,000 in October as the unemployment rate was expected to hold steady at 4.2%.
The Bureau of Labor Statistics releases the October nonfarm payrolls report Friday at 8:30 a.m. ET.
Private-sector job growth held steady in October, with gains spread across sectors
The BLS reported job openings at 7.52 million, up 333,000 from August and well above the Dow Jones consensus outlook for 7.15 million
Initial filings for unemployment insurance slipped to a seasonally adjusted 194,000.