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Consensus forecast calls for 125,000 increase in October payrolls Friday.
Stronger-than-expected growth reflects pick-ups in consumer and government spending, residential construction.
As sales slump, companies from Ford to Dow Chemical announce job cuts.
Decline shows limited labor market progress.
Central bank says again that rates are likely to stay near zero through mid-2015.
Stock markets slide may make investors more critical of cash holdings.
Pledge to bolster job market could keep QE3 going until Fed chairman steps down in January 2014.