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Private sector adds 86,000 jobs in October; market expected to rise in 12 months post-midterms

Market News
04 Nov 2026, 17:26 WIB
Fox Business
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Bullish
Private sector adds 86,000 jobs in October; market expected to rise in 12 months post-midterms

The private sector added 86,000 jobs in October, exceeding economists' expectations of 69,000 and matching the revised figure from the previous month. Employers across all sizes contributed to this growth, with job-changers benefiting from bonuses, overtime, and higher base pay, leading to the fastest earnings growth since March 2024. Meanwhile, historical trends suggest the stock market will be higher in 12 months following midterm elections, continuing a pattern seen since World War II. This combination of strong job growth and positive market outlook signals improving economic conditions ahead.

Private sector job growth is the subject, with Pluang market data providing context. For readers following US stocks, here is Pluang's market snapshot as of Nov 04, 2026 22:02 WIB: Out of 150 priced stocks, 124 rose and 26 fell. Notable movers include LCID at USD 3.46 (+14.40%), XYZ at USD 86.55 (+13.93%) with 100% sell orders, and LYFT at USD 18.48 (+10.86%).

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