The Aporia
France-Presse, A. (2026, November 6). US adds 165,000 jobs in October as labour market beats expectations. South China Morning Post. https://www.scmp.com/news/world/united-states-canada/article/3373607/us-adds-165000-jobs-october-labour-market-beats-expectations
France-Presse, Agence. “US adds 165,000 jobs in October as labour market beats expectations.” South China Morning Post, 6 Nov. 2026, https://www.scmp.com/news/world/united-states-canada/article/3373607/us-adds-165000-jobs-october-labour-market-beats-expectations.
France-Presse, Agence. “US adds 165,000 jobs in October as labour market beats expectations.” South China Morning Post, November 6, 2026. https://www.scmp.com/news/world/united-states-canada/article/3373607/us-adds-165000-jobs-october-labour-market-beats-expectations.
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On November 6, 2026, the U.S. Bureau of Labor Statistics reported that the economy added 165,000 jobs in October, surpassing economists' expectations and indicating a resilient labor market despite economic uncertainties such as inflation and ongoing conflicts like the war in Iran. The unemployment rate dropped to 4.1%, continuing a streak of near-historically low rates. Industries including health care, manufacturing, and business services saw job growth, while restaurants and construction companies cut jobs. Wage gains increased slightly at an annual rate of 3.1%, though wage growth remains sluggish overall. This report comes days after the midterm elections, where economic concerns played a significant role in voters' decisions. The strong data may pressure the Federal Reserve to consider further interest rate hikes to combat inflation, potentially conflicting with President Trump's calls for lower rates.