Explained: Hiring rebound expected in new US jobs data, though inflation is eroding the American paycheck

Forecasters expect employers added 65,000 jobs last month

break-even point

The number of new jobs needed each month to keep the unemployment rate from rising

low-fire, low-hire environment

A labor market where employers rarely lay off workers but are also slow to hire new ones

FactSet

A data firm that surveys economists to produce forecasts like the one cited for October jobs numbers