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October Jobs Report Was Not A Calamity; It Was An Anomaly
The Bureau of Labor Statistics issued, on Friday, its worst Jobs Report since March 2019.
October jobs report shows slower hiring in the wake of strikes, hurricanes
Employers added just 12,000 jobs in October as hiring slowed substantially. The total was expected to be constrained by two Southeast hurricanes and several worker strikes, but the tally was far lower than what was estimated and job gains for previous months were revised sharply downward, raising concerns about a weakening labor market.
Major disappointment with just 12,000 jobs in October: Key facts and figures in last report before election
The economy added far fewer jobs than expected in October, bad news for Vice President Kamala Harris just ahead of the election next week.
Messy October jobs report muddied by strikes and storms ahead of Election Day
The US economy added 12,000 jobs in October as hurricanes and strikes impacted data collection for the government’s monthly employment report, according to the Bureau of Labor Statistics. • Friday’s report is the last significant piece of economic data before Election Day in the US.
The October Jobs Numbers Drop Was More Than Hurricanes And Strikes
Getting survey information in after the hurricanes was harder than usual; however, it’s become increasingly difficult over the years.
Job reports: US added 12,000 jobs in October, slower hiring in the wake of strikes
Employers added only 12,000 jobs in October, a significant drop from recent months. However, unemployment remained at 4.1%, the lowest level before any election since 2000.
Hurricanes and strikes sharply hit US jobs growth in October
America's employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls. View on euron
Austin American-Statesman
2h
Jobs report, 'this stupid mic' and other takeaways from Donald Trump's Fiserv Forum rally
In what may be his final swing through Wisconsin ahead of Tuesday's election, former President Donald Trump returned to the ...
1d
on MSN
The Fed should look through the weaker-than-expected October jobs report, says Roger Ferguson
Former Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the state of the economy, the Fed's ...
5d
on MSN
Expect the unexpected in Friday’s jobs report
The barrage of economic data released so far this week has painted a pretty clear picture: Growth is rock solid, and ...
Axios
3d
Trump hits Harris over jobs report: "Depression-type numbers"
Why it matters: The final jobs report before the presidential election was weaker than expected, with just 12,000 jobs added.
4d
October jobs report: 12,000 jobs added as hurricanes, Boeing strike skew data
Not every Wall Street firm is satisfied to chalk up a poor October
jobs
report
to strikes and hurricanes. Citibank ...
4d
Weak Jobs Report Provides Political Fodder Ahead of Election Day
Republicans and Democrats used the latest jobs numbers to bolster their arguments about who would be better at managing the ...
3d
on MSN
Trump hits Harris over ‘worst jobs report in the history of our country’
Former President Trump panned a jobs report released by the Labor Department on Friday, calling it the “worst jobs report in ...
4d
on MSN
What makes the new mothly jobs report less reliable than most
At first blush, the new jobs report looks awful, but the context matters and the top lines paint a wildly misleading picture.
1d
on MSN
Trump Media is Outsourcing Jobs to Mexico: Report
Former President Donald Trump has repeatedly decried American companies that outsource jobs to foreign countries, but appears ...
4d
Jobs Report Sends Mixed Signals, But Another Rate Cut Is Still Very Likely
In an unusual labor market report, the unemployment rate stayed steady while payroll figures took a nosedive in October. Read ...
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