Menu

3 unexpected reasons the October jobs report was so strong
📰

3 unexpected reasons the October jobs report was so strong

US Top News and Analysis·about 11 hours ago
#zMERvZ6g
#cnbc#business#jobs#month#hiring
Reading 0:00
15s threshold

FG Construction displays a We're Hiring! sign during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2026 in Sunrise, Florida.

Joe Raedle | Getty Images

A little-noticed category in Friday's blockbuster jobs report is challenging the consensus view about job losses caused by artificial intelligence.

At least for now, the data suggests the U.S. is gaining jobs as a result of the AI boom, not losing them.

And another category suggests the strong jobs numbers could have some staying power.

Nonfarm payrolls grew by 165,000 jobs in October, according to the Friday report from the Bureau of Labor Statistics. It was a surprising surge in hiring that blew way past Wall Street's expectations.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.