U.S. added 165,000 jobs in October, more than expected — live updates
U.S. added 165,000 jobs in October, beating expectations and signaling labor-market resilience.
· Source: marketwatch.com
The October jobs report showed 165,000 nonfarm payroll additions, exceeding consensus estimates and suggesting the labor market remains robust despite earlier softening signals. This data point is material for macro positioning—stronger jobs typically support the case for higher-for-longer rates and can pressure rate-cut expectations, affecting yields, the USD, and equity multiples.
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