The US economy has added 261,000 jobs

The newly created jobs in the world's largest economy amounted to 261,000 in October. At the same time, the unemployment rate fell again to 4.1%, according to data from the National Labor Office.
This is the lowest unemployment rate since December 2000.
However, the data proved to be slightly below average analysts' expectations. At the same time, employment figures for August were revised upwards from 169,000 to 208,000.
The September data also revised up to an increase of 18,000, compared with an initial decline of 33,000.
Analysts' average expectations were for 313,000 new jobs in October and unemployment rate at 4.2%.
October's pay growth is also disappointing. It turned out to be zero versus 2.4% in the previous month. This greatly reduces inflation expectations in the coming months as well as a December interest rate hike.