October Jobs Report Expected to Show Modest Hiring ReboundWeak Paychecks Put Jobs Report at Center of Economic DiscontentJobs Report Will Test Whether Growth Can Outrun Economic Headwinds
U.S. employers are expected to have added jobs in October, with forecasts ranging from 59,000 to 65,000, while unemployment is projected to hold at 4.2%. The Labor Department is scheduled to release the report on November 6.The October jobs report, due November 6, is expected to show a modest hiring rebound, while inflation continues to outpace wage gains for many workers.The October jobs report is expected to show 59,000 to 65,000 new jobs when released November 6, with unemployment holding at 4.2%.