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US job growth expected to be weak in October with unemployment steady at 4.2%.

Market News
05 Nov 2026, 23:32 WIB
CNBC
View Source
Neutral
US job growth expected to be weak in October with unemployment steady at 4.2%.

The US economy is forecast to add only 59,000 jobs in October, a slight increase from September's 29,000, reflecting weak hiring amid a shrinking labor force. Despite low job growth, the unemployment rate is expected to remain steady at 4.2%, due to fewer people available to work caused by aging, low birth rates, and reduced immigration. While layoffs are low and job openings have increased, long-term unemployment is rising, posing challenges for those seeking work. The upcoming payroll report will provide further insight into the labor market's health and wage trends.

The October jobs report is a key focus for market watchers, and here is Pluang's snapshot of US stocks as of Nov 06, 2026 04:01 WIB: Out of 150 priced US stocks tradable on Pluang, 16 rose while 134 fell today. Notable movers include ASX at USD 30.08 with a 1-day change of -19.81% and a typical hold time of 50 days, MU at USD 652.22 down 17.98% with 51 days hold time, and AMD at USD 402.78 down 17.59% with a 93-day hold time. Pluang order activity shows a majority selling trend for these stocks.

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