The True Brief

Economy ·

US employers added 165,000 jobs in October; unemployment rate 4.1%

The Bureau of Labor Statistics said "Total nonfarm payroll employment rose by 165,000 in October, and the unemployment rate changed little at 4.1 percent." Private-sector average hourly earnings rose 0.4% to $38.00, up 3.1% over 12 months. August was revised to +186,000 and September to +60,000, so the two months combined are "84,000 higher than previously reported."

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