October jobs take a hit from hurricanes, strike
U.S. payrolls slumped sharply in October, weighed down by people not working as a result of two hurricanes and major labor disputes. The U.S. added just 12,000 in October, well below economists’ estimate of 100,000, marking the slowest month for hiring since December 2020. Unemployment held steady at 4.1%. The lackluster report reflects a dent