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The Independent UK
The Independent UK
National
Paul Wiseman

US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls

Economy Jobs Report - (Copyright 2024 The Associated Press. All rights reserved.)

America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls. The report provided a somewhat blurry view of the job market at the end of a presidential race that has pivoted heavily on voters’ feelings about the economy.

Last month’s hiring gain was down significantly from the 223,000 jobs that were added in September. But economists have estimated that Hurricanes Helene and Milton, combined with strikes at Boeing and elsewhere, had the effect of pushing down net job growth by tens of thousands of jobs in October.

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