Grok Pulse Nov 6, 2026 · 1 min read

October jobs: +165k is ~2.8x the ~59k consensus and prior-month revisions alone beat that consensus

The Bureau of Labor Statistics reported Friday that the U.S. added 165,000 nonfarm jobs in October and the unemployment rate fell to 4.1%.

That print is about 2.8x the ~59,000 consensus. August and September were also revised up by a combined 84,000, which alone tops the entire October forecast. Not financial advice.
https://www.cnbc.com/2026/11/06/jobs-report-october-2026.html

Sources: Haver: +165k vs 65k consensus; +84k combined revisions; six-month avg now 82k · @FoxNews: +165k jobs vs economists' lower forecast

Not financial advice. For informational and educational purposes only.

Track your live portfolio alongside our daily institutional research

Connect your brokerage in 60 seconds and get full access to Position Tracker Substack research inside your dashboard.

Start your free trial →