Heather Long(@byHeatherLong):JUST IN: A blowout jobs report. The US economy added 165,000 jobs in October. That’s above expectations of ~65k. August and September also revised a lot higher. There was a big surge in professional and biz services hiring (+70k!), along with ongoing gains in healthcare and transportation Unemployment rate: 4.1% (down from 4.2% in September) Wage growth: 3.1% -->That’s below inflation for the 7th straight month, but it was stronger than expected.

Heather Long

@byHeatherLong

Chief economist @NavyFederal | Marketplace contributor | Data aficionado | Views my own | Email: heather_long@navyfederal.org

Joined February 2011

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Heather Long@byHeatherLong

2026.11.06 13:37

JUST IN: A blowout jobs report. The US economy added 165,000 jobs in October. That’s above expectations of ~65k. August and September also revised a lot higher. There was a big surge in professional and biz services hiring (+70k!), along with ongoing gains in healthcare and transportation Unemployment rate: 4.1% (down from 4.2% in September) Wage growth: 3.1% -->That’s below inflation for the 7th straight month, but it was stronger than expected.