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 - 59 minutes 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 - 5 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

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. - 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 ...

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

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

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

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 ...

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 ...

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

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 - 12 minutes ago

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

The U.S. economy remains on solid footing.

The best and worst U.S. states for finding a good job in 2024

Ample job opportunities, low unemployment and reasonable commute times make this the top U.S. state for job seekers, analysis finds.

Dozens reported dead in Israeli strike in Gaza, as Biden says end to war 'hard to achieve'

Hamas-run authorities say 20 women are among at least 33 dead in Jabalia refugee camp.

Biden administration expands tax credit for producing solar, wind and battery components

The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...

Politics - The Hill - October 24

Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally

President Joe Biden has slammed Elon Musk for hypocrisy on immigration after a published report that the Tesla CEO once worked illegally in the United States

Tech - ABC News - 4 days ago

Report: Injuries cost top clubs $800M last season

Players in Germany's Bundesliga are most likely to be injured amongst Europe's top five domestic leagues but England's Premier League bears the most injury-related costs, according to a report ...

Sports - ESPN - October 16

Power outages plague Cuba as Hurricane Oscar adds to island's woes

Millions of Cubans were enduring electricity blackouts as the government struggled to restore services. Hurricane Oscar, striking the east as a Category 1 storm, added to the disruption.

Biden flies to Florida after hurricanes in bipartisan visit

President Biden flew to Florida on Sunday morning to survey the area impacted by the recent hurricanes and to announce $612 million allotted for energy projects in the area. Biden participated in ...

Politics - The Hill - October 13

Biden announces $600 million for Florida hurricane relief

President Biden traveled to Florida on Sunday, where he announced more than $600 million in aid to help recovery efforts from hurricanes Helene and Milton. Mr. Biden has asked Congress to return ...

Is the US jobs market still booming?

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

World - Financial Times - 5 days ago

Legendary ‘Letterman’ and ‘Daily Show’ producer on discovering hidden talent on the job — and in herself — at 65

Madeleine Smithberg is used to identifying talent, but now the tables are turning.

Business - MarketWatch - 5 days ago

'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.

Maher: October surprise wont 'save us' from second Trump term

With Election Day just shy of two weeks away, comedian and TV personality Bill Maher urged Democrats on Friday to stop waiting for an "October surprise." "Democrats need to stop thinking an October ...

Politics - The Hill - October 19

Latest in US adds just 12,000 jobs as hurricanes and strikes produce worst report of Biden’s term