U.S. adds 165,000 jobs in October as unemployment falls to 4.1%
The Labor Department’s October jobs report showed U.S. employers added 165,000 jobs and unemployment fell to 4.1% from 4.2% in September. Employment gains for August and September were revised upward by a combined 84,000 jobs. Health care, manufacturing and business services added jobs, while restaurants and construction cut positions. Average wages rose 3.1% from a year earlier.