deadline.com
state Michigan
reports
information
Election
google
Provident
Enterprise
Boeing
state Michigan
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%
Reading now: 255
deadline.com
deadline.comThe 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 remained essentially unchanged at 4.1%.
The Bureau of Labor Statistics, which gathers the data, cautioned that the weather disasters had an impact on its survey collection.
After a period of job losses, employment in movies and sound recordings rose by 2,600 to 448,000. Employment in broadcasting and among content providers dropped by 3,300 to 333,000.
Read more on deadline.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Report this news
Related News
Celebrities
Locations