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.
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.
Jobs Report Today: Hiring Slows More Than Expected. Blame Strikes, Storms.
Follow live coverage and analysis of the October jobs report from the Labor Department, due out Friday morning at 8:30 Eastern time.
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
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October jobs report was a ‘head fake.’ Look at these numbers instead before Election Day.
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Awful Jobs Report Aside, the Economy Is Still Strong
Despite a weak October jobs report, most data points to a strong, if gradually slowing, economy. Even the vibes are improving ...
Jobs Report Seen Keeping Fed on Track for Quarter-Point Cut
Friday's weak employment report for October is one of those choose-your-own-narrative data points. If you thought the labor ...
The Fed should look through the weaker-than-expected October jobs report, says Roger Ferguson
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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 ...
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 ...
What makes the new monthly 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.
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US stocks rally as big jobs-report miss fuels rate-cut hopes, Amazon soars
US stocks jumped on Friday after the October jobs report missed economist estimates, opening the door for more rate cuts ...
Jobs report set to be released days before election
U.S. hiring slowed in October, but fallout from hurricanes and labor strikes likely caused an undercount of the nation’s ...