#jobsreportraiseshikeodds The new October jobs report is out, and it shows the US economy added 165,000 jobs, which is much higher than expected. The unemployment rate also dropped to 4.1 percent. Because the job market is so strong, investors think the Federal Reserve will likely raise interest rates at its next meeting in December. The chance of a rate hike has now jumped to about 80 percent, making financial markets react quickly.
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