Payroll employment rises by 165,000 in October; unemployment rate changes little at 4.1%

Source report · explanatory context

What happened

Payroll employment rises by 165,000 in October; unemployment rate changes little at 4.1%

Total nonfarm payroll employment rose by 165,000 in October, and the unemployment rate changed little at 4.1 percent. Employment increased in professional and business services, in health care, and in transportation and warehousing.

Context

Housing and lending developments are relevant to affordability and financing. An aggregate announcement is not an individual property valuation or loan offer.

Areas affected: Property, Housing finance.

Market reaction: unverified

What to watch next

Check the geography, effective date, documented conditions and subsequent implementation.