The October jobs report easily topped economists' expectations despite nearly unprecedented efforts by the Federal Reserve to introduce slack into a squeaky tight labor market. The Labor ...
Job 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.
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 ...
Temp employment has decreased by 577,000 jobs since March 2022. Manufacturing employment was also hard hit in October, with payrolls dropping by 46,000. The bureau noted that this was largely due ...
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.