Disaster’: Final Jobs Report Before Election Shows Just 12,000 Jobs Added In October

A dismal jobs report released Friday showed that just 12,000 jobs were added to the U.S. economy in October, much lower than the 100,000 analysts expected. 

The report from the Bureau of Labor Statistics also noted a downward revision for August and September, saying it had overestimated growth by around 112,000 jobs. CNBC reported that the 12,000 jobs added in October was the fewest since December 2020.