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Overseas Headlines – November 6, 2026

November 6, 2026

United States:  

US Adds 165,000 Jobs, Topping All Forecasts in Broad Advance

US job growth surged in October and the unemployment rate edged lower, a sign of labor-market strength in an expanding economy.

Nonfarm payrolls increased 165,000 last month after an upward revision to the prior two months, according to Bureau of Labor Statistics data out Friday. The unemployment rate fell to 4.1%.

https://www.bloomberg.com/news/articles/2026-11-06/us-adds-165-000-jobs-above-all-forecasts-as-unemployment-falls

 

Europe:

German Industrial Production Rises in Latest Economic Boost

German industrial production rose for a second month, bolstering hopes that the economy will muster a turnaround after years of stagnation.

Output increased 0.7% from August, albeit after a large downward revision to the construction-led gain in the previous month. The gain was mostly driven by the automotive and pharmaceutical industries, the statistics office said in a statement.

https://www.bloomberg.com/news/articles/2026-11-06/german-industrial-production-rises-in-latest-boost-for-economy?srnd=phx-economics-v2

 

Asia:

Japan’s Nominal Wages Rise at Fastest Pace In About 30 Years

Japanese workers’ nominal wages rose at the fastest pace in almost three decades, underscoring sustained momentum in pay growth that will keep the Bank of Japan on track to hike interest rates as soon as December.

Nominal wages rose 4.6% in September compared with a year earlier, marking the largest gain since 1997, the labor ministry reported Friday.

https://www.bloomberg.com/news/articles/2026-11-05/japan-s-nominal-wages-rise-at-fastest-pace-in-almost-30-years?srnd=phx-economics-v2

 

 

 

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