# Job Gains Were More ‘Treat Than Trick’ In October -— But Don’t Celebrate With Leftover Candy Just Yet

- URL: https://talkfuse.com/story/job-gains-were-more-treat-than-trick-in-october-but-dont-celebrate-with-leftover-candy-just-yet/
- Published: 2026-11-06T18:16:59+00:00
- Updated: 2026-11-06T20:04:38+00:00
- Original publisher: The Daily Caller (publisher lean: Right)
- Original article: https://dailycaller.com/2026/11/06/us-hiring-smashes-expectations-but-economists-warn-american-workers-arent-out-of-the-woods
- Topics: Business, Economy, Politics

## Key points

- October hiring beat forecasts, adding 165,000 jobs.
- Unemployment fell to 4.1%.
- Economists say workers still face a difficult market.

## Summary

US employers added 165,000 jobs in October, well above forecasts of about 59,000, while unemployment dipped from 4.2% to 4.1%. The rebound offers some relief after sluggish hiring, but economists cautioned that it does not yet show the labour market’s broader problems have eased.

Private employers supplied 159,000 of the new jobs, led by professional and business services, health care and transport and warehousing; manufacturing also gained, while construction lost about 3,000 positions. Revisions added 84,000 jobs to August and September figures, bringing the three-month monthly average to about 137,000. Yet around 2 million people had been unemployed for at least 27 weeks, and the number working part time for economic reasons rose by 339,000 to 4.8 million. Average hourly earnings rose 0.4% in October and 3.1% over the year, while economists highlighted continued pressure on jobseekers, household finances and consumer spending.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.