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.

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

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. - 5 hours ago

US adds just 12,000 jobs as storms and strikes hit labour market

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

Business - Financial Times - 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 ...

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

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 ...

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 - 6 hours ago

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 - 3 hours 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

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 - 5 hours ago

How back-to-back hurricanes could impact insurance rates across the U.S.

As Florida residents recover from hurricanes Milton and Helene, experts say the damage will likely worsen the home insurance crisis in the state and could lead to higher rates nationwide. CBS News ...

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 - 22 minutes ago

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

The U.S. economy remains on solid footing.

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

Job openings in the U.S. fall to the lowest level in 3½ years

U.S. job openings fell in September to a three-and-a-half year low as as the demand for labor ebbed and businesses waited for the economy to speed up.

Business - MarketWatch - 3 days ago

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 - 2 hours ago

Markets are increasingly reflecting U.S. outperformance — but now there’s a jinx

Markets are increasingly pricing in a scenario of U.S. exceptionalism.

Business - MarketWatch - October 21

Trump to visit Asheville to tour hurricane devastation

Former President Trump will visit Asheville, N.C., a city devastated by Hurricane Helene last month, to deliver remarks and see the damage firsthand on Monday. The visit will bring Trump to a part ...

Politics - The Hill - October 18

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 - 1 hour ago

Eurozone inflation rises to 2% in October

Annual figure is slightly above expectations and matched the ECB’s target

Business - Financial Times - Yesterday

Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligence

Tech - ABC News - Yesterday

Israeli strike on Gaza hospital ignites devastating fire

The Israeli military has launched a series of deadly strikes in the Gaza Strip over the past 24 hours, including on a flour distribution center, a school and a hospital where displaced Palestinians ...

Israeli strike on Gaza hospital ignites devastating fire

World - Yahoo News - October 14

Impact Plastics sued by family of worker killed by Hurricane Helene

The lawsuit claims Impact Plastics forced workers to stay at their posts even when conditions grew dangerous.

CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena

Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...

Business - MarketWatch - October 17

As North Carolina begins voting, hurricane devastation complicates casting ballots

State officials are tracking impassable roads and contacting voters who requested absentee ballots to try to get them delivered.

‘We were not prepared’: three weeks in a small town devastated by Hurricane Helene

Gerton, North Carolina, population 250, was badly hit by the storm. Emma Churchman describes how the community came together in the aftermath. The small mountain community of Gerton, about 16 miles ...

World - The Guardian - October 22

Will people leave Florida after devastating hurricanes? History suggests not

The news rippled through Treasure Island, Florida, almost like a third storm: The mayor planned to move off the barrier island a month after Hurricane Helene flooded tens of thousands of homes ...

‘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

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 - 8 hours ago

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 ...

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