Live
US jobs report for October
Began Updated
The figures for October
- Jobs added+165KExpected 65K · before 29K
- Unemployment rate4.1%Expected 4.2% · before 4.2%
- Hourly pay, month on month+0.4%Expected 0.3% · before 0.1%
Official figures from the Bureau of Labor Statistics; expected and before as the economic calendar gives them.
How markets are taking it
US 10-year yieldup +3.1 bp0.6× a typical day’s moveUsually rises on a result like this, and so far it has.
- Dollar indexup +0.10%
0.3× a typical day’s moveUsually rises on a result like this, and so far it has.
- S&P 500up +1.01%
0.8× a typical day’s moveCan go either way on a result like this
Bitcoindown −0.52%0.2× a typical day’s move
Each line runs from an hour before it began; the thin upright rule marks when it came out. Moves are since it came out. Each line has its own scale, never tighter than half that market’s typical day, so a small move looks small.
A result like this: Hiring well above 65,000
A strong report would suggest the labor market is solid. That could support the case for more Fed rate increases.
- US 10-year yield The 10-year yield, the return on 10-year government debt, usually rises on firm jobs data.
- Dollar index Higher rate expectations usually support the dollar.
- S&P 500 Strong growth helps earnings, but higher yields can weigh on stocks.
How markets usually take such a result, as our newsroom wrote it before the release. Tendencies, not a forecast.
As it happens
Markets
S&P 500 is up 1.1% since 13:30 UTC.
Our newsroom
The US added 165,000 jobs in October, far more than the 65,000 expected. Unemployment fell to 4.1% against 4.2% expected, and hourly pay rose 0.4%, above the 0.3% forecast.
Since the release, the US 10-year yield is up 2.7 basis points, the dollar index is up 0.25%, the S&P 500 is up 0.72% and Bitcoin is down 0.24%.
Our newsroom
The US added 165,000 jobs in October, far more than the 65,000 expected. Unemployment fell to 4.1% against 4.2% expected, and hourly pay rose 0.4% on the month against 0.3% expected.
Since the release, the US 10-year yield is up 2.7 basis points, the dollar index is up 0.28%, the S&P 500 is up 0.30% and Bitcoin is down 0.43%.
Our newsroom
The US added 165,000 jobs in October, far more than the 65,000 expected. Unemployment fell to 4.1% from 4.2%, and hourly pay rose 0.4% on the month against 0.3% expected.
Since the release, the US 10-year yield is up 3.9 basis points, the dollar index is up 0.13% and Bitcoin is down 0.42%.
The figures
The official figures for October, from the Bureau of Labor Statistics. Jobs added: +165K, against 65K expected; Unemployment rate: 4.1%, against 4.2% expected; Hourly pay, month on month: +0.4%, against 0.3% expected.
Markets
The first quarter hour since it came out: US 10-year yield is up 5 basis points; Dollar index is up 0.1%; Bitcoin is down 0.2%; S&P 500 is closed for now.
Live
US jobs report for October: it is out at 13:30 UTC. We follow what it brings and how markets take it, here as it happens.
Written as it happens by our newsroom’s AI from our stories and the markets’ moves, and not read by a person before it is published; the market lines are written from the prices. Prices can be 15 minutes late. Not investment advice.