The facts
The Bureau of Labor Statistics reported that nonfarm payroll employment increased by 165,000 in October. [1][2]
The unemployment rate was 4.1% and changed little, the BLS said. [1]
AP reported the payroll gain exceeded the 65,000 increase forecast by economists it surveyed. [2]
AP reported that revisions added 84,000 jobs to earlier monthly estimates. [2]
AP reported average hourly earnings rose 0.4% in October. [2]
Still unconfirmed
- The report alone does not determine the Federal Reserve’s next rate decision.
Sources
References support the numbered facts above. Source checks: 6 Nov 2026, 18:42 UTC.
- The Employment Situation — October 2026
U.S. Bureau of Labor Statistics · Primary source · 6 Nov 2026
Opened the official October employment release.
- October jobs report shows stronger-than-expected hiring
The Associated Press · Reporting · 6 Nov 2026
Opened AP’s report for consensus forecast, revisions and wage details.
- October jobs report: payrolls rise 165,000, unemployment stays at 4.1%
Axios · Reporting · 6 Nov 2026
Opened independent economic reporting; market-rate expectations are not treated as a Fed decision.