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 - 4 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.Top stories - NBC News - 6 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. - 6 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 electionBusiness - Financial Times - 2 hours 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 ...Top stories - CBS News - 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 ...Top stories - NBC 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 - 4 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 -
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 - 6 hours 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 - 6 hours ago -
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 -
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 - 6 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 ...Top stories - CBS News - October 15 -
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 - Yesterday -
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 - 1 hour ago -
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 - 37 minutes ago -
Final jobs report before election likely to see hurricane impact — masking some economic gains
The U.S. economy remains on solid footing.Top stories - NBC News - October 23 -
How is the economy really doing just weeks before the U.S. election?
With only weeks before the November 5 election, here's how top economists assess the health of the U.S. economy.Top stories - CBS News - October 18 -
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 -
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 ...Top stories - CBS News - October 23 -
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 - 2 hours ago -
The economy grew 2.8% last quarter. Here's how that impacts you
The government released its latest GDP number, which is a measure of the change in the economy's size. The report shows it grew at an annual rate of 2.8% in the third quarter of the year. CBS News ...Top stories - CBS News - Yesterday -
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.Top stories - CBS News - October 15 -
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 -
‘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 -
China’s exports slow sharply in September, adding to worries over the economy
China’s exports slowed sharply in September as global demand weakened, adding to worries over how to recharge growth in the world's second-largest economyWorld - ABC News - October 14 -
Harris focuses on the economy in new Latino battlegrounds ad 'Hard Work'
Vice President Harris is releasing a new ad targeting Latinos in battleground states, focusing on her cost-of-living proposals. “Hard Work” will air in all battlegrounds with state-specific intros ...Politics - The Hill - October 16 -
Harris leans into economy, abortion rights in new ads in final days of campaign
Harris' closing ads are emphasizing issues of abortion access and her economic proposals in the final full week of the 2024 presidential campaign.Top stories - CBS News - Yesterday -
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