#USNonfarmPayrolls Weak Hiring Could Strengthen the Fed Case, or Signal a Deeper Slowdown
What the report is and when it lands
The October 2026 US Employment Report is due Friday, 6 November, at 8:30 a.m. ET. The Reuters consensus is for nonfarm payrolls to rise by about 65,000 after a 29,000 gain in September, and the unemployment rate to hold at 4.2%. Private payrolls are expected to rise about 64,000 after 46,000 in September. Your brief's 59,000 to 65,000 range is a pre-release forecast band, not a result. Only the BLS release will show the actual figure.
ADP sets a higher bar
ADP reported