US employers created a surprising 165,000 new jobs last month and the unemployment rate dipped to 4.1% - KTVN

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FILE - Workers hold a hose as concrete in poured to form a beam on a residential building under construction, Tuesday, Oct. 6, 2026, in Miami. (AP Photo/Marta Lavandier, File) WASHINGTON (AP) — The U.S. job market likely bounced back last month from a disappointing September . Layoffs are low, and most Americans enjoy unusual job security . But hiring has probably remained too modest to deliver much relief to those looking for work. And wage gains haven’t been keeping up with persistently high inflation . When the Labor Department releases new data on October job creation and unemployment Friday, they’re expected to show that employers added 65,000 jobs last month and that the unemployment rate remained low at 4.