October jobs report: Economy adds 165,000 jobs, far above expectations under Trump - Florida’s Voice

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Published Nov. 9, 2026, 11:54 a.m. ET | Updated Nov. 9, 2026 WASHINGTON — The U.S. economy added 165,000 jobs in October, more than double economists’ expectations of roughly 65,000, while the unemployment rate edged down to 4.1%, the Bureau of Labor Statistics reported Friday. The strong headline figure, paired with large upward revisions to prior months, marked a clear rebound and pointed to broadening private-sector strength under President Donald Trump. Private employers added 159,000 jobs, while government payrolls rose by just 6,000. Average hourly earnings increased 14 cents, or 0.4%, to $38, up 3.1% over the past year. Professional and business services led gains with 70,000 jobs, well above their recent average.