USSTOCK.TODAY
Pre-Market
Log in Sign up

U.S. Job Growth Accelerates and Unemployment Rate Falls

Reuters · ·by G4L

CME CME Group Inc
$309.09 +1.50%
View chart & analysis →
  1. 1Nonfarm payrolls surged by 165,000 last month.
  2. 2The U.S. unemployment rate recorded 4.1% in October.
  3. 3Financial markets priced in an approximately 80% chance of a rate hike at next month's central bank meeting.

So what's the key point?

Job numbers in the U.S. increased by 165,000 and the unemployment rate dropped to 4.1%. Financial markets see an 80% chance that the central bank will raise interest rates next month.

Source Reuters · View original ↗

Related 3-line summaries

Fed Interest Rate Freeze, Inflation Response, and Market Outlook The Motley Fool +10 · yesterdayCME Group records $1.7 billion in Q3 revenue with data business hitting record high The Motley Fool +1 · Nov 3Fed Chair Kevin Warsh's Remarks, Interest Rate Outlook, and Inflation Factors The Motley Fool +1 · Oct 31
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news