This story about the October 2026 jobs report will be updated with further details.
The U.S. economy added jobs at a strong pace in October, rebounding from a softer September amid economic uncertainty.
What are the findings of the October 2026 jobs report?
The Bureau of Labor Statistics on Friday reported that employers added 165,000 jobs in October. That figure was well above the 65,000 estimate of economists polled by LSEG.
The unemployment rate decreased slightly to 4.1%, which was lower than the expectations of economists who predicted it would hold steady at 4.2%.
Revisions were made to the payroll numbers for the prior two months, with August revised up by 53,000 from a gain of 133,000 jobs to 186,000 jobs; while the change for September was revised up by 31,000 jobs from a gain of 29,000 to 60,000.
Taken together, employment in August and September was 84,000 higher than previously reported.
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What sectors added or lost the most jobs in October 2026?
Private payrolls grew by 159,000 jobs in October, well above the 64,000 expected by economists polled by LSEG.
Government payrolls increased by 6,000 jobs in October. The sector’s loss of 17,000 jobs in September was revised down to a loss of 18,000 jobs. The federal government shed 1,000 jobs in October, while state governments added 8,000 jobs and local governments cut 1,000 roles last month.
The manufacturing sector added 19,000 jobs in October, well above the gain of 5,000 that was predicted by economists polled by LSEG. September’s gain of 9,000 jobs was also revised up to 13,000.
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