U.S. Added Just 12,000 Jobs In October As Hurricanes And Labor Strike Impact Final Report Before Election; Unemployment Rate Stays At 4.1%

The final jobs report before the 2024 presidential election showed a muddled picture, with job gains dropping significantly in October amid the disruption from major hurricanes and a Boeing labor strike. Just 12,000 jobs were added to payrolls, which is below expectations and a drop from the 223,000 added the previous month. The unemployment rate […]