US employers surprisingly add 165K jobs in strong October, unemployment dips

New York Post · Reuters · 2026-11-06 14:50 UTC

Payrolls jumped by 165,000 jobs last month after an upwardly revised 60,000 gain in September, the Labor Department’s Bureau of Labor Statistics said on Friday.

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US nonfarm payrolls increased more than expected in October and the unemployment rate fell to 4.1%, suggesting the labor market remained resilient and giving the Federal Reserve more scope to focus on inflation stemming from the Middle East conflict.

Payrolls jumped by 165,000 jobs last month after an upwardly revised 60,000 gain in September, the Labor Department’s Bureau of Labor Statistics said on Friday. Economists polled by Reuters had forecast payrolls advancing 65,000 after a previously reported 29,000 increase in September.

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