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US Economy Adds 165,000 Jobs in October, Exceeding Forecasts

The US economy added 165,000 jobs in October, surpassing predictions, with professional services leading the hiring rebound.

  • The US economy added 165,000 jobs in October.
  • This figure outstripped forecasts.
  • The hiring rebound was led by professional services.

The US economy saw a significant increase in employment during October, with 165,000 new jobs added. This figure exceeded earlier forecasts, indicating a stronger performance than anticipated.

The rebound in hiring was primarily driven by the professional services sector, highlighting its contribution to the American labour market's strength.

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