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US employers added 165K jobs in October, beating expectations and keeping unemployment steady.

Market News
06 Nov 2026, 16:15 WIB
Seeking Alpha
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US employers added 165K jobs in October, beating expectations and keeping unemployment steady.

The US Labor Department reported that employers added 165,000 jobs in October, significantly surpassing the expected 59,000. Despite this strong job growth, the unemployment rate remained stable in the low 4% range, indicating a tight labor market. With employment trends steady, the Federal Reserve is expected to focus on inflation concerns when deciding on interest rates in December, with a likely rate increase by year-end.

The October US jobs report showed employers added 165,000 jobs, well above expectations, with unemployment steady near 4%. For readers following US stocks, here is Pluang's market snapshot as of Nov 06, 2026 20:21 WIB: out of 150 priced US stocks, 60 rose and 85 fell. Notable movers include UMC at USD 14.59 (+9.04%), AMAT at USD 346.71 (+8.60%), and AMD at USD 438.73 (+8.49%), with typical hold times ranging from 44 to 93 days and mixed Pluang order activity percentages.

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