US job growth surged in October and the unemployment rate edged lower, a sign of labor-market strength in an expanding economy. Nonfarm payrolls increased 165,000 last month, topping all forecasts, after an upward revision to the prior two months, according to Bureau of Labor Statistics data out Friday. The unemployment rate fell to 4.1%. Employers across a broad range of sectors added jobs, led by professional and business services and healthcare. Private-sector payroll growth was the strongest since March.

For details Bloomberg's Tom Keene and Paul Sweeney speak with:
Claudia Sahm, Chief Economist at New Century Advisors
Constance Hunter, Chief Economist at EIU
Kristina Campmany, Senior Portfolio Manager at Invesco
Stephanie Roth, Wolfe Research Chief Economist 

 

US job growth surged in October and the unemployment rate edged lower, a sign of labor-market strength in an expanding economy.&nbsp;Nonfarm payrolls increased 165,000 last month, topping all forecasts, after an upward revision to the prior two months, according to Bureau of Labor Statistics data out Friday. The unemployment rate fell to 4.1%. Employers across a broad range of sectors added jobs, led by professional and business services and healthcare. Private-sector payroll growth was the strongest since March.
For details Bloomberg's Tom Keene and Paul Sweeney speak with:
<ul>
<li>Claudia Sahm, Chief Economist at New Century Advisors</li>
<li>Constance Hunter, Chief Economist at EIU</li>
<li>Kristina Campmany, Senior Portfolio Manager at Invesco</li>
<li>Stephanie Roth, Wolfe Research Chief Economist&nbsp;</li>
</ul>
&nbsp;

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Listen for the latest in finance, economics and investment. Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern bring you interviews from Bloomberg Surveillance Television. Join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio.&nbsp; Watch Surveillance TV LIVE each mornings: <a href="http://bit.ly/3P7nstQ">http://bit.ly/3P7nstQ</a>. Watch Surveillance Radio LIVE weekday mornings: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>.&nbsp;

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Instant Reaction: US Adds 165,000 Jobs, Topping All Forecasts

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f02e11c9-5329-4f99-aa21-b4fa00e848a2/transcript