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October jobs report uglier than economists expectedJob growth ground to a halt in October, as hurricanes and striking workers held down employment. Yet even excluding those effects, the report brought some warning signs for the job market.
Before the report was released, economists surveyed by Bloomberg estimated that 105,000 job gains were added in October. Also ...
Storms and strikes could create a drag of up to 100,000 on payroll gains. (Tristan Wheelock/Bloomberg) Job growth likely cooled significantly in October due to the effects of two devastating ...
US employers added 531,000 jobs in October as unemployment dropped to 4.6%. The Labor Department's report caused stocks to soar and comes amid a decline in COVID-19 infections in the US.
The jobs report released last week came in right about ... Hurricane Milton devastated the Gulf Coast in October of last year. “And as a result, you know, the jobs numbers were hit there.
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