By Shambhavi Mishra | 08 Nov, 2026
US October Jobs Data Shocks Markets With 165,000 Payrolls
? Quick Take: The U.S. economy added 165,000 jobs in October, vastly outperforming the 65,000 consensus estimate. This robust labor market bounce forces a sharp rethink on global interest rate trajectories and risk asset valuations.Wall Street economists missed the mark by a mile this week. The U.S. labor market bounced back with aggressive force in October, adding a stunning 165,000 jobs and driv...
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