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October jobs report: 165K gain signals December Fed rate hike

· rollingout.com · popularity 16/100 · 0 similar stories today · Personal Finance & Investing (Money, Markets & Investing)

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Summary

U.S. employers added 165,000 jobs in October, and the unemployment rate dipped to 4.1% from 4.2%, the Bureau of Labor Statistics reported Friday, Nov. 6. Economists had expected only about 59,000 new jobs, so October beat forecasts by nearly three times. The report was the first major economic data released since the midterm elections. It […] The post October jobs report: 165K gain signals December Fed rate hike appeared first on Rolling Out .

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