Nonfarm payrolls surge in October, sending the unemployment rate lower

Seeking Alpha · Liz Kiesche · 2026-11-06 13:31 UTC

October U.S. nonfarm payrolls: +165K vs. +62K consensus and +60K prior (revised from +29K), according to data released by the Bureau of Labor Statistics on Friday.

October U.S. nonfarm payrolls: +165K vs. +62K consensus and +60K prior (revised from +29K), according to data released by the Bureau of Labor Statistics on Friday.

Unemployment rate: 4.1% vs. 4.2% consensus and 4.2% prior.

Labor force participation rate: 61.9% vs. 61.8% prior.

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