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Birdie_OKX
October's 165K payroll gain was not an isolated upside surprise: the 84K upward revision to August and September adds weight to the strength, while 0.4% monthly wage growth complicates any easy policy pivot.
Higher Treasury yields reflect that reassessment. Still, one report cannot settle December policy; the durability of wage pressure remains the open question.
#USJobsBeatExpectations
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