The US economy added 165,000 jobs in October 2026 according to the nonfarm payrolls report, after a change of +60K the month before. The unemployment rate was 4.1%, compared with 4.2% previously.
| Jobs | October 2026 | Previous |
|---|---|---|
| Nonfarm payrolls change | 165K | 60K |
| Unemployment rate | 4.1% | 4.2% |
Why it matters for crypto traders
A strong labour market gives the Federal Reserve room to keep rates higher for longer, while weak hiring raises the odds of cuts. Rate expectations move the dollar and Treasury yields, which in turn drive risk appetite across crypto. Follow the reaction on our live dashboard.
Source: U.S. Bureau of Labor Statistics. Figures are first estimates and can be revised. Upcoming releases are listed in our economic calendar. This is market information, not financial advice.
