US Job Growth Tops Forecasts, December Rate-Hike Odds Rise to 80%

Cointime reports: US employers added 165,000 jobs last month, more than double economist expectations, and the unemployment rate dipped to 4.1%, the government’s employment report showed Friday. After the release, futures tied to the Fed’s policy rate priced about an 80% probability of a 25-basis-point hike in December, up from roughly 75% before the report.