https://www.live-feeds.com/feed/us-economy-adds-165-000-jobs-in-october-blowing-past-expectationsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-economy-adds-165-000-jobs-in-october-blowing-past-expectationshttps://www.live-feeds.com/feed/us-economy-adds-165-000-jobs-in-october-blowing-past-expectations#u193227Wed, 11 Nov 2026 06:40:32 +0000The US economy added 165,000 jobs in October, significantly surpassing the 59,000 jobs economists had expected. The unemployment rate fell, and the report described a "strong hire, low fire" labor market that surprised economists. Veterans' unemployment dropped to 2.7%. The strong hiring data helped rescue stocks from a steep technology-sector selloff.Why it mattersThe October payrolls report arrived amid economic uncertainty and concerns about an AI-driven market bubble. It signals continued labor-market resilience despite high interest rates and provides a cushion for the Fede