U.S. adds 165,000 jobs in October; unemployment rate at 4.1% - Outsource Accelerator

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WASHINGTON, D.C., UNITED STATES — U.S. employers added 165,000 jobs in October, higher than the average monthly gain of 48,000 over the prior 12 months, while the unemployment rate changed little at 4.1%. Professional and business services, health care, and transportation and warehousing led the gains. The number of unemployed people was also little changed at 7.1 million. The unemployment rate has stayed between 4.1% and 4.3% since March. Employment in professional and business services rose by 70,000, well above the sector’s average monthly gain of 15,000. The U.S. Bureau of Labor Statistics (BLS) published the figures in its employment situation report on Nov. 6.