Hiring picks up in October
Employers added 165,000 jobs in October 2026, above the average monthly gain of 48,000 over the prior 12 months, and August and September were revised up by a combined 84,000. Unemployment was 4.1%. Professional and business services added 70,000 jobs and health care 42,000. Average hourly earnings rose 0.4% in the month to $38.00, up 3.1% over the year.
What it means for your plan: After a weak September, demand for professional and health care talent looks firmer. If your plan assumed a slack market would make these roles faster or cheaper to fill, recheck time-to-fill and offer rates against your own recent hires.
In DecisionIQ: subscribers see the exact assumption to update for this change.
Source: BLS Employment Situation, Nov 6, 2026 (also reported by Outsource Accelerator, Nov 10, 2026)