US Hiring Expected to Rebound as Inflation Erodes Paychecks

US employers likely added 65,000 jobs in October, rebounding from September's weak 29,000 gain, with unemployment holding at 4.2%, forecasters say. Hiring remains modest in a low-fire, low-hire market, and real wages fell 0.7% in September, the sixth straight yearly decline. The data lands days after midterm voters, angry over living costs, gave Democrats Congress.