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U.S. added 165,000 jobs in October, blowing past 65,000 estimate

CoinDeskBy Stephen Alpher

11/6/2026, 1:31:54 PM

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U.S. added 165,000 jobs in October, blowing past 65,000 estimate — Photo / Coverage: CoinDeskCredit: Stephen Alpher

EXECUTIVE SUMMARY

The unemployment rate unexpectedly fell to 4.1% as the labor market bounced back in a big way from a soft September showing.

Key Takeaways

added 165,000 jobs in October, blowing past 65,000 estimate.
The unemployment rate unexpectedly fell to 4.1% as the labor market bounced back in a big way from a soft September showing.
The unemployment rate unexpectedly fell to 4.1% as the labor market bounced back in a big way from a soft September showing.

The unemployment rate unexpectedly fell to 4.1% as the labor market bounced back in a big way from a soft September showing.

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