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US Nonfarm Payrolls Rise 165,000 in October, Led by Healthcare and Professional Services

Professional and business services added 70,000 jobs, above their 12-month average. Healthcare also contributed to the gains.

Nonfarm payroll employment jumped by a hotter-than-expected 165,000 in October, led by gains in professional and business services as well as healthcare. The pro and business services sector added 70,000 jobs, well above its 12-month average. That includes an increase of 33,000 for in professional…

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