Analyst Michael McDonough said U.S. nonfarm payrolls rose 165,000 in October, exceeding every forecast in a Bloomberg survey. The 3-month moving average climbed to 137,000 from 28,000 in July, its highest level since May. Gains were broad-based, led

2026-11-06

Analyst Michael McDonough said U.S. nonfarm payrolls rose 165,000 in October, exceeding every forecast in a Bloomberg survey. The 3-month moving average climbed to 137,000 from 28,000 in July, its highest level since May. Gains were broad-based, led by professional and business services, education and health, trade/transportation and manufacturing.