U.S. employers added a surprising 165,000 jobs in October; unemployment rate dipped to 4.1% - Boston Herald

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WASHINGTON (AP) — U.S. employers created a surprising 165,000 new jobs last month, and the unemployment rate dipped to 4.1%. Hiring was far stronger than the 65,000 new jobs that economists had expected. The jobs report comes three days after voters delivered a stunning defeat to President Donald Trump and his Republican Party in midterm elections. Frustrated with the state of the economy — and especially the high cost of living – Americans handed full control of Congress to the Democrats. Labor Department revisions added a combined 84,000 new jobs to the August and September totals The unemployment rate fell even though 421,000 people entered the labor force. Average hourly wages rose 0.