U.S. Added 12,000 Jobs in October as Storms Sidelined Workers
From the Center
AllSides Media Bias Rating: Center
Job growth slowed sharply last month, with workers sidelined by hurricane effects and the continuing Boeing strike.
The Labor Department on Friday reported that the economy added a seasonally adjusted 12,000 jobs in October, versus a September gain of 223,000. Economists polled by The Wall Street Journal, anticipating storm and strike effects, expected a gain of 100,000.
The unemployment rate stayed steady at 4.1%, in line with economists’ expectations.
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