Published

US job growth slows sharply in October; unemployment rate unchanged at 4.1%

  • America's employers added only 12,000 jobs in October, a significant drop from September's 223,000, due to disruptions from strikes and hurricanes.
  • The unemployment rate remained stable at 4.1%, indicating a solid job market.
  • There were 7.4 million job openings in September, the lowest since early 2021, with fewer workers quitting their jobs, suggesting decreased optimism.
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  • 39% of the sources lean Left
39% Left
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