U.S. non-farm payrolls surged by 165,000 in October, far exceeding the market expectation of 59,000, while the unemployment rate dropped to 4.1%, lower than the anticipated 4.2%. Among them, the private sector added 159,000 jobs and the government sector added 60,000; average hourly earnings rose by 0.4% month-on-month and 3.1% year-on-year; the labor force participation rate stood at 61.9%, and the average weekly working hours were 34.4 hours. Data for August and September were revised upward by a combined 84,000 jobs.