Latest in U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
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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 - November 1 -
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.Top stories - NBC News - November 1 -
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. - November 1 -
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 ...Top stories - CBS News - November 1 -
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 electionBusiness - Financial Times - November 1 -
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 ...Top stories - NBC News - November 1 -
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 - October 31 -
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 - November 1 -
Harris and Trump focus on Sunbelt states during final weekend push for votes
Democrat Kamala Harris and Republican Donald Trump are zeroing in on Sunbelt states as they embark on one last weekend quest to sway undecided voters in battleground states that will determine the ...Sports - ABC News - November 2 -
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 - November 1 -
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 - November 1 -
U.S. industrial output battered for second month by Boeing strike, hurricanes
Industrial production fell 0.3% in October, held down by the Boeing strike and the impact of hurricanes Milton and Helene, the Federal Reserve reported Friday.Business - MarketWatch - November 15 -
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 - November 1 -
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 - October 31 -
What the October jobs report says about the state of the economy
The final jobs report before Election Day shows the number of jobs added to the U.S. economy plummeted in October, with only 12,000 new hires. Despite adding roughly 100,000 fewer jobs than ...Top stories - CBS News - November 1 -
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 - November 2 -
White House blames jobs reports on hurricanes and labor strikes
The White House on Friday blamed the stall in job growth in October on the hurricanes and labor strikes in recent weeks. The U.S. added 12,000 jobs and the jobless rate stayed flat at 4.1 percent ...Politics - The Hill - November 1 -
Boeing delivers fewest planes since 2020, warns factory restart after strike will take weeks
Boeing handed over 14 airplanes in October and said it will be several weeks before production can fully resume.Business - CNBC - November 12 -
Costco shoppers stocked up on supplies as hurricanes, port strike hit. The trend hurt sales in October.
The warehouse retailer says demand was “negatively affected” by “abnormal consumer activity” tied to the September events.Business - MarketWatch - November 7 -
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 - October 30 -
Boeing Union Votes to End Strike
Machinists are set to return to work after ratifying a contract with a 38% pay raise.Business - The Wall Street Journal - November 5 -
Economic impact of growing gig economy
Winner of the FT Schools/Discover Economics Young Economist of the Year awardBusiness - Financial Times - November 10 -
How climate change impacts the economy
2024 is on pace to be the hottest year on record worldwide. CBS News Los Angeles meteorologist and climatologist Marina Jurica reports that extreme weather events cost the global economy over $2 ...Top stories - CBS News - November 15 -
Southwest Offers Buyouts and Blames Boeing for Job Cuts
The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.Business - Inc. - November 12 -
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 - October 31 -
Boeing Strikers Vote On Contract That Could End Strike
The union supports a pay and retirement proposal that could put factory workers back to work after seven weeks off the job.Business - Inc. - November 4 -
Boeing Union Approves New Contract, Ending Costly Strike
About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier contract offers.Top stories - The New York Times - November 5 -
Boeing strike ends as machinists approve new contract
More than 32,000 Boeing machinists are getting back to work after their union signed off on a new contract. CNBC's Karen Gilchrist has all the details on Early Today.Top stories - NBC News - November 5 -
Boeing’s Strike Is Over. What’s Next for the Company?
The aerospace manufacturer and its new chief executive face a daunting to-do list, including improving quality and increasing production of its commercial planes.Business - The New York Times - November 5 -
The Inflation Factor: It Wasn’t Just the Economy
How inflation and economic concerns drove voter sentiment.Business - Inc. - November 6 -
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 - November 1 -
Job growth stalls in October as Election Day looms
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Job growth stalls in October as Election Day looms Economists were bracing for a ...Politics - The Hill - November 1 -
Tracking Hurricane Rafael: How it could impact the Gulf Coast
Hurricane Rafael is a Category 2 storm that could have a significant impact on parts of the Gulf Coast. TODAY’s Al Roker tracks the storm's projected path.Top stories - NBC News - November 6 -
‘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 - October 29