US Hiring Slowest Since Biden Took Office, On Strikes, Hurricanes

US Hiring Slowest Since Biden Took Office, On Strikes, Hurricanes

US job growth slowed drastically in October, hit temporarily by hurricanes and labor strikes, in a final major economic snapshot at the end of a razor-edge presidential election campaign where cost-of-living worries dominated voter concerns. The world’s biggest economy added 12,000 jobs last month, far below expectations and down from a revised 223,000 in September, … Read more

Dollar rises after August U.S. payrolls report paints mixed picture

Dollar rises after August U.S. payrolls report paints mixed picture

A cyclist rides past a “Now Hiring” sign posted on a business storefront in San Gabriel, California on August 21, 2024. U.S. hiring picked up pace in August while the jobless rate crept down, according to government data released September 6, 2024, paving the way towards the start of central bank rate cuts this month. … Read more