The US economy added 165,000 jobs in October, more than double what experts had expected. The unemployment rate fell to 4.1%, and manufacturing employment increased.
The Bureau of Labor Statistics revised its estimates for August and September upward by a combined 84,000 jobs. Average hourly earnings rose 3.1% from the same period a year earlier.
Manufacturing added 19,000 jobs in October. Employment in the sector has increased by more than 100,000 since the start of 2026.