{
  "id": 18450990,
  "title": "US job growth expected to pick up in October, with moderation in wage gains",
  "url": "https://urgent.news/2026/11/06/us-job-growth-expected-to-pick-up-in-october-with-moderation-in-wage-18450990",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T05:48:39.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economic-indicators/us-job-growth-expected-to-pick-up-in-october-with-moderation-in-wage-gains-5006475"
  },
  "original_language": "en",
  "account": "US nonfarm payrolls likely increased by 65,000 jobs in October, according to a Reuters survey of economists. This follows a 29,000 gain in September due to a late Labor Day holiday. Economists had predicted payrolls to range between 35,000 and 125,000. October's job growth might fall short of expectations, with some factors like seasonal influences making it less favorable. Historically, employment gains have averaged 68,000 jobs per month this year. The unemployment rate is expected to remain steady at 4.2%, potentially dropping to 4.1%. Historically low layoffs and a surge in job openings suggest a tightening labor market. However, economists and Federal Reserve officials believe the labor market won't contribute to inflation. Weak wage growth is crucial for keeping medium-term price pressures in check, as labor is the most significant cost for businesses. James Knightley, chief international economist at ING, stated that the labor market's lack of wage growth should help dampen inflation.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "US job growth expected to pick up in October, with moderation in wage gains",
        "url": "https://urgent.news/2026/11/06/us-job-growth-expected-to-pick-up-in-october-with-moderation-in-wage",
        "published": "2026-11-06T05:31:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}