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 - 2 hours 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 - 9 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 - 6 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.

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. - 9 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 ...

Is the US jobs market still booming?

Market Questions is the FT’s guide to the week ahead

World - Financial Times - 5 days 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 - 9 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 - 7 hours ago

The Guardian view on Labour and the US election: a storm in a teacup | Editorial

There is nothing wrong with foreign volunteers working for Kamala Harris, providing they do it openly and stick to the rules. You can say that the evidence of Labour volunteers dipping into ...

World - The Guardian - October 24

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 - 4 hours ago

Shoppers killed in Sudan as air strikes hit busy market

World - Yahoo News - October 13

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 - 9 hours ago

US hits Houthis with precision strikes on weapon facilities in Yemen

The U.S. announced late Wednesday that it had conducted multiple strikes on Yemen’s Houthi rebel group, targeting its underground bunkers with stealth bombers. U.S. Central Command (CENTCOM) said ...

Politics - The Hill - October 17

I just bought a Jeep for my teen driver. Here's what I learned about the used car market

If you haven't shopped for a used car in a few years, prepare for massive sticker shock.

Business - CNBC - 6 days ago

Yellow warnings in place as Storm Ashley hits

Warnings in Cumbria, Devon and Cornwall are issued for winds gusting up to 60mph (97km/h) and rain.

The Market Is Fairly Upbeat. Is It the Calm Before a Storm?

Stocks have risen this year despite uncertainties and outright hostilities in U.S. politics and around the world. But bonds and other markets show signs of concern, our columnist says.

Business - The New York Times - 9 hours ago

Businesses warn Labour’s £25bn ‘tax on jobs’ will hurt hiring

Companies criticise rise in employers’ national insurance contributions

Business - Financial Times - 2 days ago

Tesla adds close to $150bn in market value on best day in over a decade

Car company sees biggest single-day stock gain since 2013 as CEO Elon Musk forecasts up to 30% in sales growth. Tesla shares closed up nearly 22% on Thursday – their biggest single-day gain in over ...

World - The Guardian - October 24

Traders expect calm response to U.K. budget after event caused turmoil two years ago

The bar is set very high for calamitous British budgets

Business - MarketWatch - 2 days ago

Amber warnings as Storm Ashley hits large parts of UK

Storm Ashley is expected to bring very high winds and rain, particularly affecting western areas on Sunday.

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