Nov 3 (Reuters) - Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a U.S. jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock (AAPL.O) was down 1.5% in early trading, having fallen more than 3% before the bell. The world's most valuable firm was on course to lose $40 billion in market value, if the losses hold. The iPhone maker on Thursday forecast sales for the holiday quarter, usually its biggest, below Wall Street estimates, blaming weak demand for iPads and wearables....