US adds 165,000 jobs in October
The US economy added 165,000 jobs in October, exceeding forecasts, according to the Financial Times. Hiring was led by professional services and pointed to continued strength in the labour market. The report offered investors a fresh measure of economic resilience after volatile trading and debate over the direction of interest rates.
Why it matters
Stronger hiring can support household spending while also influencing expectations for how quickly monetary policy may ease.
Sources
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Part of the November 6, 2026 brief.