Employers Added Just 12,000 Jobs in October — but There’s a Catch

Storms and strikes are complicating the true picture of the labor market, economists say. Nonetheless, there’s still evidence of a gradual cooling.

Business - Inc. - 4 hours ago

U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike

Nonfarm payrolls were expected to increase by 100,000 in October, according to the Dow Jones consensus estimate.

Business - CNBC - 2 hours ago

U.S. added just 12,000 jobs in October, reflecting impact of strikes and 2 devastating hurricanes

The U.S. added just 12,000 jobs last month, a figure economists say was impacted by two hurricanes and a strike.

US economy added only 12,000 jobs in October in shock pre-election drop – as it happened

Live, rolling coverage of business, economics and financial markets as non-farm payrolls numbers deliver economic surprise days before presidential election. Oil prices have risen by 2% after ...

World - The Guardian - 2 hours ago

US adds just 12,000 jobs as hurricanes and strikes produce worst report of Biden’s term

October figure far below average forecast of 100,000 job gains and comes just four days before US election

Business - Financial Times - 8 minutes ago

US adds only 12,000 jobs in October in final report before election

Average monthly job gains in 2024 had been about 200,000, but new figures affected by Boeing strike and hurricanes. The US added just 12,000 jobs in October, the last snapshot of the employment ...

World - The Guardian - 4 hours ago

Job growth stalls at 12,000 in October after hurricanes upend Southeast

The U.S. added 12,000 jobs and the jobless rate stayed flat at 4.1 percent in October, according to data released Friday by the Labor Department, upending a string of strong economic data leading ...

Politics - The Hill - 4 hours ago

U.S. economy adds 12,000 jobs in October, unemployment rate stays at 4.1%

The U.S. economy added 12,000 jobs during October, significantly less than expected. The unemployment rate held steady at 4.1%. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb ...

Election Uncertainty Makes Some Employers Wary of Adding Jobs

Some employers say they have been wary to expand until the outcome of the presidential election is known.

Business - The New York Times - 7 hours ago

"Mornings Memory": Zack Hample's journey to catching over 12,000 baseballs

In today's "Mornings Memory," we revisit Steve Hartman's 2006 profile on Zack Hample, who had collected nearly 3,000 baseballs. He's caught over 12,000 since then, including some historic hits.

October jobs take a hit from hurricanes, strike

This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.

Politics - CBS News - 4 hours ago

Here’s where the jobs are for October 2024 – in one chart

The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy.

Business - CNBC - 49 minutes ago

Garrett Wilson’s Miraculous Catch Might Have Saved the Jets’ Season

The Jets were spiraling as they headed into Thursday night’s game against the Texans. Then Wilson injected life.

Sports - The New York Times - 3 hours ago

‘DJT’ stock’s tripling in October is adding $4 billion to Trump’s coffers

The value of Trump’s stake in Trump Media has increased by about $4 billion in October, as investors are betting heavily that he’ll win next week’s presidential election.

Business - MarketWatch - 3 days ago

October jobs forecast shaved to 110,000 after Boeing strike and hurricanes

The final U.S. jobs report before the presidential election is expected to be a crummy one, but it’s not Washington’s doing. Instead, a major strike at Boeing and a pair of deadly hurricanes would ...

Business - MarketWatch - Yesterday

Bond traders shake off weak job gains for October, send 10-year yield higher

Long-dated Treasury yields turned higher into Friday afternoon trading as traders looked past October’s nonfarm payrolls report, which came in well below expectations.

Business - MarketWatch - 1 hour ago

U.S. job growth in October hampered by hurricanes and Boeing strike

The Labor Department has released October's jobs report with employment growth slowed during the month due to Hurricanes Milton and Helene along with the Boeing strike. CBS News MoneyWatch ...

Biden going on campaign trail after weak October jobs report

President Biden will head back out on the campaign trail over the weekend after a rough week for his administration that began with backlash over Mr. Biden appearing to call Trump supporters ...

Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says

ADP said it was the best month for job creation since July 2023.

Business - CNBC - 2 days ago

Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says

Private-job creation burst to its highest level in more than a year during October, despite a devastating storm season in the Southeast and major labor disruptions, ADP reported Wednesday.

The October jobs report comes at a crucial moment — but don’t expect clear answers on the economy

Job gains in October will likely be dragged down by one-off events like Hurricane Milton and the Boeing strike. Here’s how that could muddy the waters for investors and the Fed.

Business - MarketWatch - Yesterday

October jobs report was a ‘head fake.’ Look at these numbers instead before Election Day.

A jobs report skewed by hurricanes and a strike at Boeing landed on voters’ radar with less than a week until Election Day, scrambling the picture of the U.S. economy as Kamala Harris and Donald ...

Business - MarketWatch - 1 hour ago

China's Xiaomi delivers 20,000 EVs in October, just months after launching its first car

The Chinese smartphone company also announced a high-end sports version of the car, the SU7 Ultra, would begin preorders ahead of a product release in March.

Business - CNBC - 2 days ago

Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene

A tour of the city’s cultural highlights with the co-founder and director of Art Week Tokyo

World - Financial Times - 3 days ago

Reeves’ Budget measures risk hitting ‘working people’, analysts say

Some businesses will struggle with tax rises alongside a higher minimum wage and new labour laws

World - Financial Times - 3 days ago

Starmer does not rule out rise in National Insurance for employers

The prime minister told the BBC the Budget would be tough but insisted the government would not break manifesto pledges.

Chancellor set to hike employers' National Insurance to raise £20bn

Rachel Reeves is also expected to lower the threshold for when employers start paying the tax, in next week's Budget.

Working people will pay the price of higher taxes for employers

Increasing the burden on companies may not affect workers’ payslips today, but it won’t be long

World - Financial Times - Yesterday

Stargazers around the world catch supermoon

The brightness of the moon would allow ancient communities to increase hunting at this time of year - hence the name.

Door-Knocks, Texts, and Ads, Ads, Ads: Life on the Swing-State Battlefield

This year’s campaign offers a vivid reminder of how much the playing field in presidential elections has shrunk, giving voters in a handful of states a disproportionate influence in the decision.

Top stories - The New York Times - October 20

UK Businesses Warn Starmer Against Raising Employer Payroll Tax

World - Yahoo News - October 15

Here’s Why Employers May Get More Involved in Workers’ Health Care

The Business Group on Health wants to help business owners address rising health coverage costs. That may require more attention to the treatments workers receive.

Business - Inc. - October 15

Would raising employer National Insurance break Labour's pledge?

If the chancellor decides to increase NI for employers in the Budget would that be going back on previous promises?

Family of Tennessee Flood Victim Killed During Helene Sues His Employer

Johnny Peterson was one of six employees of Impact Plastics left dead or missing after the storm. Workers said they were not allowed to leave the plant in time to get to safety.

Business - Inc. - October 16

Employers’ national insurance rise a risk for SMEs, tax experts warn

Keir Starmer refuses to rule out increase in this month’s Budget

Business - Financial Times - October 18

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