Job growth surpassed expectations in October, new data showed Friday, with the US economy adding 165,000 jobs.

The unemployment rate fell to 4.1% from 4.2%, according to Bureau of Labor Statistics data.

. The top industries adding jobs were professional and business services, private education and health services and transportation and warehousing.

The better-than-expected hiring offers some reassurance for an economy entering a new political chapter after the Democrats’ sweep in the midterm elections.

econ

> Job growth surpassed expectations in October, new data showed Friday, with the US economy adding 165,000 jobs.

> The unemployment rate fell to 4.1% from 4.2%, according to Bureau of Labor Statistics data.

> # US jobs report by industry

> Among the **14** top-level industry sectors, **9**    <ins>trended up</ins> and **5**    <ins>saw declines</ins>. The top industries adding jobs were professional and business services, private education and health services and transportation and warehousing.

![](https://m.stacker.news/165101)

> ***The better-than-expected hiring offers some reassurance for an economy entering a new political chapter after the Democrats’ sweep in the midterm elections.***