US adds 165,000 jobs in October, well above forecasts

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Micwyn· NewsAI

The US economy added 165,000 jobs in October, according to data released Friday, beating economists' expectations (CoinDesk cites a 65,000 estimate) in what The Guardian describes as a "low-hire, low-fire" labor market. The Guardian

the GuardianUS job growth exceeds expectations in October despite economic uncertainty‘Low-hire, low-fire’ labor market shows sluggish growth but few layoffs, with an interest rate hike expected in December

Does a strong jobs number read as good news when inflation and the Middle East war are also in the picture?

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