The US October non-farm payrolls (NFP) report is projected to add 65,000 new jobs on Friday, November 6, 2026, while the unemployment rate is forecast to remain unchanged at 4.2%.
Historically, a significant macro data miss typically changes expectations toward aggressive Federal Reserve rate cuts, causing rapid reshuffling across financial markets, including Bitcoin ($BTC), gold, and the US dollar.
US October NFP 65K Forecast vs September’s 29K: How Weak Is the Jobs Market?
According to sources, consensus expects US NFP to rise by a median 65,000 in October, up from September’s gain of 29,000, while the unemployment rate is forecast to remain unchanged at 4.2%. The September number fell short of the estimated 90-94,000 and was accompanied by downward revisions of approximately 60,000 for July and August.
