# The October jobs report is out Friday. Here’s everything to expect

- URL: https://talkfuse.com/story/the-october-jobs-report-is-out-friday-heres-everything-to-expect/
- Published: 2026-11-05T21:32:52+00:00
- Updated: 2026-11-05T22:49:50+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/05/october-jobs-report-preview.html
- Topics: Business, Economy

## Key points

- October payrolls are forecast to rise by 59,000.
- Unemployment is expected to remain at 4.2%.
- A smaller labour force is tempering hiring needs.

## Summary

Economists expect US employers to have added only 59,000 jobs in October, a modest increase from September’s 29,000. The report is significant because weak hiring is occurring alongside a forecast unemployment rate of just 4.2%, suggesting a labour market with little growth but continued low unemployment.

A shrinking labour force helps explain why relatively few new jobs may be needed to keep the unemployment rate steady. ZipRecruiter labour economist Nicole Bachaud cited an ageing workforce and retirements, decades of low birth rates and a marked fall in immigration as factors reducing the number of people available to work.

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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.