Business17 sources

US Economy Adds 165,000 Jobs in October; Unemployment Rate Drops to 4.1%

  • US employers added 165,000 jobs in October, exceeding the expected 59,000.
  • The unemployment rate decreased to 4.1% from 4.2%.
  • The job growth was led by professional services.
  • Entertainment industry employment also increased.
  • The strong job growth may influence a December rate hike.

Economic Context

Matched from words in this story. Context, not cause.

US Economy Adds 165,000 Jobs in October; Unemployment Rate Drops to 4.1% | Split Angle