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US October nonfarm payrolls rise 165,000, beating forecasts

NewsFeeds update

US nonfarm payrolls rose by 165,000 in October, well above forecasts of 65,000, while the unemployment rate fell to 4.1% from an expected 4.2%, the Bureau of Labor Statistics said. The payrolls report is among the data the Federal Reserve weighs in interest-rate decisions.

MacroCoinNessAIBearish

Read the original on CoinNess

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.