Jobs Report to Be Released After Stock Market Falls: Live Updates – The New York Times

Jobs Report to Be Released After Stock Market Falls: Live Updates  The New York TimesThe US economy added 165,000 jobs in October, showing resilience as new chapter begins  CNNUS job growth beats expectations in October; unemployment rate falls to 4.1%  ReutersU.S. labor market zooms ahead with 165,000 jobs added October  AxiosBlockbuster October jobs report keeps Fed rate hike in play for December  Yahoo Finance

Hiring was unexpectedly strong in October, when employers added workers at a vigorous pace.Employers added 165,000 jobs last month, the Bureau of Labo… One of the hallmarks of this labor market has been that most people are working, but if you need a job, it is hard to find one. The October data drive… The unemployment rate for Black workers fell four tenths of a point to 6.6 percent, partly reversing a big jump in September. The monthly figures are… The unemployment rate has been at or below 4.5 percent every month since September, 2021 — a record streak that surpasses the period of low unemployme… Manufacturers added 19,000 jobs in October, the fifth straight month of gains.

But the sector, which President Trump has long made a centerpiece of hi… Stocks haven’t reacted much to today’s jobs numbers, with futures on the S&P 500 up 0.1 percent. Treasury yields are up slightly. The monthly jobs numbers are volatile and subject to revision, so economists caution against reading too much into any one report. But between the str… Those numbers have slightly pushed up expectations for rate increases