Traders Still Expect Fed Rate Cut Despite Shocking Jobs Report Miss

Fed Rate Path Seen Unchanged Despite Shock Jobs Miss

Muddled Jobs Data Give Fodder to Both Trump, Harris Campaigns

Number of Workers Who Say They Couldn’t Be at Work Due to Bad Weather Surged

Boeing Strike Puts 44,000 Dent in Transport-Linked Jobs

10-Year Yields Drop

Stock Futures Rise

Labor Force Participation Rate Dips to 62.6%

Hurricane Effect on jobs ‘Not Possible to Quantify’

Prior Two Months Revised Downward to Cumulative 112,000

Average Hourly Earnings Rise 0.4% M/M; Est. +0.3%

Unemployment Rate 4.1%; Est. 4.1%

US Oct. Nonfarm Payrolls Rise 12k M/M; Est. +100k

Key Events

ImageLede

Senior Editor

Macro Strategist

Bloomberg subscribers can save articles and view them from any device.

Upgrade to an unlimited subscription to save articles and view them from anywhere.

Bloomberg subscribers can send up to {count} articles a month to anyone to read for free, including non-subscribers.

Upgrade your subscription to send up to {count} articles a month to anyone to read for free, including non-subscribers.

Copy article link

Hello,<p>A Bloomberg.com subscriber thought you might want to read this story. To read it, all you need to do is click on the link – no subscription necessary. (Please note the link will only be valid for {days} days.)

Email article link

Please try again. If the problem persists, please contact customer support.

Something went wrong

We've doubled your gift articles this month. Share up to {count} articles with friends, family or colleagues.

As a subscriber, you can gift up to {count} articles this month. The recipient can read the full article for free – no subscription necessary.

As a subscriber, you can gift up to {count} articles each month. The recipient can read the full article for free – no subscription necessary.