US added 150,000 jobs in October as pace of growth slows sharply

Market cools as number of jobs added comes in lower than the 180,000 that economists had been expecting

The US added fewer than expected jobs in October and the unemployment rate rose amid signs that the white-hot US jobs market is cooling.

There were 150,000 jobs added last month, according to closely watched figures from the Bureau of Labor Statistics, which was below the 180,000 predicted by economists. The unemployment rate picked up to 3.9% from 3.8%.