Hurricanes and the Boeing strike will make for a 'noisy' jobs report — yet underlying trend remains solid

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.

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

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 ...

Boeing strike will dent last jobs report before election

Some 44,000 U.S. workers, most at Boeing, were on strike during the jobs report tally, according to the U.S. Labor Department.

Business - CNBC - 23 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 - 3 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 - 53 minutes ago

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 - 5 hours ago

Boeing Makes Another Offer to End Machinists Strike

The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing ...

Business - The Wall Street Journal - 18 hours ago

Millions in Cuba remain without power as Hurricane Oscar makes landfall

Millions remain without power in Cuba for a third consecutive day as slow progress is made in restoring electricity following three major grid failures.

U.S. industrial output falls in September, held down by Boeing strike and hurricanes

U.S. industrial production fell 0.3% in September, held down by the strike at Boeing Co and by the two recent hurricanes, the Federal Reserve reported Thursday.

Business - MarketWatch - October 17

Boeing reports $6.1 billion loss as strike takes toll on plane maker

Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.

Boeing workers to vote on ending strike as company reports billions in quarterly losses

Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...

October Jobs Report Shows Hiring Slowed Amid Storms and Strikes

U.S. payrolls grew by only 12,000 in October, a figure that left markets placid but fueled political contention. Unemployment remained 4.1 percent.

Business - The New York Times - 6 minutes ago

Final jobs report before election likely to see hurricane impact — masking some economic gains

The U.S. economy remains on solid footing.

Kings waive Ellis, sign Shaq's son Shareef in flurry of roster moves

Undrafted guard Boogie Ellis impressed during the preseason, but the Sacramento Kings reportedly are waiving the 23-year-old USC product ahead of the start of the regular season.

Sports - Yahoo Sports - October 18

What Boeing is offering to striking machinists

Boeing machinists began voting Wednesday on a new contract offer from the company to potentially end their nearly six-week-long strike. CBS News senior transportation correspondent Kris Van Cleave ...

After Hurricanes, Navigating Insurance Claims Process Remains Challenging

Business and home owners digging out from Helene and Milton must depend on payouts to start rebuilding.

Business - Inc. - October 16

Lawmakers press Boeing to resolve monthlong strike

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Lawmakers press Boeing to resolve monthlong strike Democratic lawmakers in ...

Politics - The Hill - October 16

Boeing, union reach tentative agreement to halt strike

A tentative agreement has been reached between Boeing and the roughly 33,000 machinists that went on strike last month, the union announced Saturday. "We are finalizing the strike settlement ...

Politics - The Hill - October 19

Boeing to Bring New Offer in Attempt to End Strike

Boeing’s machinist strike is nearing its second month.

Business - Inc. - October 19

Boeing, Union Reach Wage Deal to End Strike

The Jet maker and machinists union reach a tentative deal, including an offer of a 35% wage increase, to end a strike that halted most of the company’s production.

Business - The Wall Street Journal - October 19

Boeing Warns on Cash Burn, Awaits Strike Vote

The jet maker posted its biggest quarterly loss since 2020. Striking union members are voting later on a new contract proposal.

Business - The Wall Street Journal - October 23

Boeing Machinists Reject Contract, Extending Strike

The machinists’ union members voted against a new labor deal and will the extend six-week strike.

Business - The Wall Street Journal - October 23

Boeing Workers Reject Pay Offer as Strike Continues

Strikers rejected a proposal for a 35 percent pay increase over four years by a nearly two-thirds margin.

Business - Inc. - October 24

Strike continues after Boeing workers reject deal

About 33,000 Boeing machinists remain on strike after they voted to reject a deal their union leadership had reached with the aircraft manufacturing giant. Kris Van Cleave takes a look at why they ...

Pension plan a sticking point for Boeing machinists on strike

The union representing Boeing machinists has voted to reject the company's latest contract offer, extending a costly, weeks-long strike. CBS News' Kris Van Cleave and Kelly O'Grady explain what ...

Boeing competitor Airbus to cut up to 2,500 jobs in space, defense sector

Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space division through the middle of 2026. Airbus said the job cuts would result ...

Politics - The Hill - October 17

BoE chief economist criticises statistics agency over poor jobs data

Huw Pill told ONS in private letter that efforts to fix key labour market survey ‘have not yet led to improvement’

Business - Financial Times - October 22

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 - 5 hours ago

Oscar weakens to tropical storm after hitting Cuba as a Category 1 hurricane

Hurricane Oscar made landfall Sunday evening on the northern coast of east Cuba before it weakened to a tropical storm as it moved across the island, according to the National Hurricane Center.

'Fairytales and lies' - Ten Hag condemns job reports

Manchester United manager Erik ten Hag accuses the media of making up "fairytales and lies" about his future.

Pre-Election Jobs Report Will Present a Muddled Picture

Less than a week before the presidential vote, employment figures will reflect hurricane damage and a long strike at Boeing.

Business - Inc. - 2 days ago

Democrats braced for jobs report blow ahead of election

Lacklustre data could obscure an ‘incredibly healthy’ employment market and weigh on Kamala Harris’s prospects

Business - Financial Times - Yesterday

The Jobs Report on Friday May Be a Fluke and a Political Football

Economists expect the October data to show unusually weak job creation. But hurricanes and strikes may account for much of the shortfall.

Business - The New York Times - 23 hours ago

Jobs report offers blurry snapshot of economy days before election: What to know

The latest jobs report data is incomplete due to one-off disturbances last month.

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