US Adds 165,000 Jobs in October; Unemployment at 4.1%
The Bureau of Labor Statistics reported 165,000 payroll jobs added in October and an unemployment rate of 4.1%.
TL;DR: The US economy added 165,000 payroll jobs in October while unemployment stood at 4.1%, according to the Bureau of Labor Statistics’ November 6 release. The data complicate hopes of quick monetary easing, but the report by itself cannot establish what the Federal Reserve will do next or where…