US Adds 165,000 Jobs in October, Unemployment Holds at 4.1%
The Labor Department reported 165,000 new jobs in October and an unemployment rate of 4.1%, with manufacturing leading sectoral gains.
The United States added 165,000 jobs in October and the unemployment rate held at 4.1%, according to the monthly Employment Situation Report released by the Department of Labor, with Secretary Keith Sonderling citing the figures as evidence of sustained labor market strength.
Manufacturing accounted for 19,000 of October's new positions, bringing total sector job gains for 2026 to more than 100,000. Sonderling said the growth reflects ten consecutive months of manufacturing expansion, attributing the trend to domestic investment commitments and the reshoring of production.
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Initial jobless claims fell to 189,000 in the most recent reporting week, matching the lowest level recorded since 1969, according to the department. Since January, the administration says more than 1.25 million net private-sector jobs have been created, a pace it describes as more than double the monthly breakeven rate needed to absorb new labor force entrants.
Sonderling credited the Working Families Tax Cuts alongside what he described as trillions of dollars in secured domestic investment as structural drivers behind the job market's performance. The statement stopped short of providing sector-by-sector breakdowns beyond manufacturing or addressing wage growth figures contained in the broader report.
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