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โ ExplanationAdvancedMacroeconomics โบ Economic Indicators & Data
The 165,000 Jobs Report: What It Changes for Wages, Mortgages and the December Fed Decision, November 6, 2026
October payrolls came in at 165,000 against a 65,000 forecast while unemployment fell to 4.1 percent, and the 10-year Treasury yield settled at 4.84 percent. The small reaction to a large surprise explains more about mortgage pricing and the December 8-9 Fed decision than the headline does.
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