Employers added only 12,000 jobs in October. That seems bad -- but there's a catch

U.S. employers added just 12,000 jobs last month — but the number was depressed by a machinists' strike at Boeing and Hurricanes Helene and Milton.

Nov 1, 2024 - 17:33
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Employers added only 12,000 jobs in October. That seems bad -- but there's a catch
A machinists strike at Boeing reduced manufacturing employment in October, contributing to a weaker-than-expected jobs report.

U.S. employers added just 12,000 jobs last month — but the number was depressed by a machinists' strike at Boeing and Hurricanes Helene and Milton.

(Image credit: David Ryder)

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