https://www.live-feeds.com/feed/us-jobs-pickup-may-keep-fed-on-track-to-hike-rates-againContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-jobs-pickup-may-keep-fed-on-track-to-hike-rates-againhttps://www.live-feeds.com/feed/us-jobs-pickup-may-keep-fed-on-track-to-hike-rates-again#u175911Thu, 05 Nov 2026 01:22:26 +0000Forecasters expect the Bureau of Labor Statistics to report that US monthly job growth more than doubled in October to 65,000. This projected rebound comes as the Federal Reserve prepares a rate decision and seeks to combat inflation. While some analysts suggest the labor market is weaker than it appears, a strong October report would keep the Fed on track for additional interest rate increases. The unemployment rate is expected to remain steady at 4.2% according to current projections.Why it mattersThe Federal Reserve adjusts interest rates based on employment and inflation data to maintain e