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Justin Wolfers: U.S. economy adds 165,000 jobs in October, August revised up

Justin Wolfers: U.S. economy adds 165,000 jobs in October, August revised up
U.S. job growth beats expectations in October

U.S. employers added 165,000 new jobs in October, surpassing Wall Street's expectation of 60,000. August figures were also revised higher to 186,000 jobs. Justin Wolfers commented that this marks three solid months in a row, suggesting the labor market might be finding its footing.

Wolfers recently reviewed key economic events with Stacey Vanek Smith in a week-in-review segment on Off the Clock. He has also discussed how visible gas prices and health insurance deductions can shape public perception of inflation. These insights provide context for his latest assessment of the job market’s momentum.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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