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US job gains are revised higher as October hiring beats forecasts

Employers added 165,000 jobs in October, and gains for August and September were revised up by a combined 84,000. The unemployment rate edged down to 4.1%.

Written by AI from 4 sourcesUpdated

What’s new: New reporting says August and September job gains were revised up by a combined 84,000, strengthening the picture of hiring over the past three months.

Photo: NBC News

  • Employers added 165,000 jobs in October, above economists’ forecast of 65,000, while the unemployment rate fell to 4.1%. NBC NewsCBS NewsThe Hill

  • August and September job gains were revised up by a combined 84,000, making hiring over the past three months stronger than previously reported. PBS NewsHourNBC NewsCBS News

  • Professional and business services added 70,000 jobs and healthcare added 42,000. Economists said the strong report could strengthen the case for a Federal Reserve rate rise in December. NBC NewsCBS NewsThe Hill