# US job growth exceeds expectations in October despite economic uncertainty

- URL: https://talkfuse.com/story/us-job-growth-exceeds-expectations-in-october-despite-economic-uncertainty/
- Published: 2026-11-06T13:42:26+00:00
- Updated: 2026-11-06T14:05:14+00:00
- Original publisher: The Guardian (publisher lean: Left)
- Original article: https://www.theguardian.com/business/2026/nov/06/us-job-growth-october
- Topics: Americas, Business, Economy, Middle East, Politics, World

## Key points

- US employers added 165,000 jobs in October.
- Unemployment edged down to 4.1%.
- Wage growth remained below the inflation rate.

## Summary

The US added 165,000 jobs in October, exceeding economists’ expectations and offering a sign of resilience amid inflation and economic uncertainty. The unemployment rate edged down, while the figures suggest a labour market with sluggish hiring but relatively few layoffs.

Healthcare, transport, warehousing and manufacturing recorded job growth, and August and September figures were revised up by a combined 84,000 jobs. Average hourly earnings rose 3.1% over the year, below September’s 3.7% inflation rate; economists expect the Federal Reserve to raise interest rates again in December.

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