Business

Hiring jumps: The economy added 165,000 jobs last month

Employers added more jobs than forecasters had expected and the unemployment rate dipped to 4.1%.

✦ Extractive summary — built from the sources' own reporting•From 2 sources•1 min read•Updated November 6, 2026, 4:06 PM UTC

Nonfarm payrolls were expected to increase by 59,000 in October as the unemployment rate was expected to hold steady at 4.2%.

job market improved last month, according to a report from the Labor Department Friday.

How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →

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Every article behind this summary — 2 articles from 2 outlets