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US October Jobs Jump as December Fed Rate Hike Odds Near 80%
US job growth reached 165,000 in October as the unemployment rate fell to 4.1%, while Federal Reserve hike odds neared 80% despite wider labor strains.
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U.S. adds 165,000 jobs in October, unemployment rate drops to 4.1%
The U.S. economy added 165,000 jobs in October, a surprise that far outpaced expectations by economists and analysts. The unemployment rate in October dropped to 4.1%, extending a…
Article
AP Business SummaryBrief at 8:59 a.m. EST
US employers added a surprising 165,000 jobs in October; unemployment rate dipped to 4.1%
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US adds 165,000 jobs in October, unemployment rate dips to 4.1%
The U.S. job market likely improved after a weak September, with layoffs low and workers enjoying job security.
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