AP
Employment
Hiring signs are displayed in Wheeling, Ill., Wednesday, October. 14, 2026.
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U.S. employers created a surprising 165,000 new jobs last month, and the unemployment rate dipped to 4.1%. The hiring beat the 65,000 new jobs forecasters had expected. The jobs report comes three days after voters delivered  stunning defeat to President Donald Trump and his Republican Party in midterm elections. Frustrated with the state of the economy — and especially the high cost of living – Americans handed full control of the U.S. Congress to the Democrats.
