U.S. October payrolls rise by 165,000, unemployment falls to 4.1%
The U.S. Bureau of Labor Statistics announced that nonfarm payrolls rose by 165,000 in October, exceeding the 59,000 increase expected by economists surveyed by Dow Jones. The unemployment rate fell to 4.1% from 4.2% a month earlier, below the forecast of 4.2%.