Hot October jobs: +165K, unemployment 4.1%; December hike odds jump to ~80% (Macro)

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U.S. October Payrolls Surge 165,000; Unemployment Falls to 4.1%, Lifting December Hike Odds (Economy)

The Bureau of Labor Statistics reported on November 6 that nonfarm payrolls rose by 165,000 in October, far above forecasts near 65,000, while the unemployment …

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Financedesk view

Hot October jobs: +165K, unemployment 4.1%; December hike odds jump to ~80% (Macro)

The Labor Department reported October nonfarm payrolls rose 165,000, far above the ~65,000 consensus, with prior months revised up by a combined ~84,000; unempl…

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Financedesk view

Hot payrolls lift December hike odds: +165K jobs, unemployment 4.1%, 10-year near 4.86% (Macro)

October U.S. nonfarm payrolls rose 165,000 (far above roughly 60,000-type expectations) and the unemployment rate fell to 4.1%; average hourly earnings rose abo…

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