US JOBS REPORT SMASHES FORECASTS — FED RATE HIKE ODDS IN FOCUS The US economy added 165,000 jobs in October, nearly triple the 59,000 expected, while unemployment fell to 4.1%, beating the 4.2% consensus. 🔸 Nonfarm payrolls: +165K vs. +59K expected 🔸 Unemployment rate: 4.1% vs. 4.2% expected 🔸 Private-sector payrolls: +159K 🔸 Government payrolls: +6K 🔸 Hourly earnings: +0.4% monthly, +3.1% annually 🔸 Labor-force participation: 61.9% 🔸 Average workweek: 34.4 hours 🔸 August/September revisions: +84K combined Where jobs were created: 🔸 Professional and business services: +70K 🔸 Health care: +42K 🔸 Transportation and warehousing: +25K 🔸 Manufacturing: +19K One warning sign: The number of people working part-time for economic reasons rose by 339,000 to 4.8 million, suggesting some underlying labor-market weakness.(彭博社)