Veytics Intelligence
2026-11-09 · CNBC

3 unexpected reasons the October jobs report was so strong

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A little-noticed category in Friday's blockbuster jobs report is challenging the consensus view about job losses caused by artificial intelligence. At least for now, the data suggests the U.S. is gaining jobs as a result of the AI boom, not losing them. And another category suggests the strong jobs numbers could have some staying power. Nonfarm payrolls grew by 165,000 jobs in October, according to the Friday report from the Bureau of Labor Statistics. It was a surprising surge in hiring that blew way past Wall Street's expectations. Economists polled by Dow Jones had forecast growth of just 59,000 for the month. Here are three surprising things you might have missed from the report.

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