Report
October jobs report expected to show sluggish hiring after tech-stock rout
October payrolls are forecast to show 59,000 new jobs, with unemployment expected to hold at 4.2%.
TLDR
Businesses have been slow to hire, but layoffs remain historically low, helping keep unemployment down. The U.S. added an average of 66,000 jobs a month over the past six months. Economists warn that initial monthly job estimates often receive substantial revisions.
Combined views
—
2 Sources, first seen ago
