This post was originally published on this site
The U.S. job report for October showed that the labor market grew by much smaller margins than expected. The state of the American economy pre-elections gives consumers and government officials a way to chart the course for the next stage of planning. Due to multiple ups and downs as a result of climate phenomena and union activity, there have been considerable fluctuations in the number of jobs that were created.
In October 2024, job numbers showed that the U.S. added 12,000 jobs, which fell short of the Dow Jones estimates suggesting 110,000 jobs, and clearly below September’s 254,000 job additions.