Posted on

U.S. Job Market Stalls as October Jobs Report Disappoints, Raising Concerns Ahead of Election Day

job search 3030018074

the staff of the Ridgewood blog

Ridgewood NJ, in a turn that has economists and voters taking notice, the Bureau of Labor Statistics reported on Friday that the U.S. added only 12,000 nonfarm payroll jobs in October, marking the slowest monthly growth since December 2020. This comes as a sharp contrast to September’s 223,000 jobs added, indicating an unexpected slowdown in hiring.

Continue reading U.S. Job Market Stalls as October Jobs Report Disappoints, Raising Concerns Ahead of Election Day