Rural Radio Network on Nostr: Jobs report set to be released days before election ========== A jobs report will be ...
Jobs report set to be released days before election
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A jobs report will be released on November 1, 2024, marking the last major economic data before Election Day; Economists expect 90,000 jobs added in October, down from 254,000 in September; Disruptions from Hurricane Milton and a Boeing strike may lead to an undercount; Unemployment rate expected to rise to 4.2% from 4.1%; Hurricane Milton made landfall on October 9, 2024, affecting millions; 33,000 Boeing workers went on strike in mid-September; Bank of America estimates hiring was 50,000 jobs lower due to these events; U.S. GDP grew at 2.8% annualized rate for the three months ending in September; Inflation gauge shows a 2.1% rise over the year ending in September; Federal Reserve expected to cut interest rates by 0.25% on November 7, 2024.
#JobsReport #Election #Economy #Hurricanes #BoeingStrike #Unemployment #Gdp #Inflation #FederalReserve #InterestRates
https://ruralradio.com/rrn/abc_news/jobs-report-set-to-be-released-days-before-election-abcid840384ac/
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A jobs report will be released on November 1, 2024, marking the last major economic data before Election Day; Economists expect 90,000 jobs added in October, down from 254,000 in September; Disruptions from Hurricane Milton and a Boeing strike may lead to an undercount; Unemployment rate expected to rise to 4.2% from 4.1%; Hurricane Milton made landfall on October 9, 2024, affecting millions; 33,000 Boeing workers went on strike in mid-September; Bank of America estimates hiring was 50,000 jobs lower due to these events; U.S. GDP grew at 2.8% annualized rate for the three months ending in September; Inflation gauge shows a 2.1% rise over the year ending in September; Federal Reserve expected to cut interest rates by 0.25% on November 7, 2024.
#JobsReport #Election #Economy #Hurricanes #BoeingStrike #Unemployment #Gdp #Inflation #FederalReserve #InterestRates
https://ruralradio.com/rrn/abc_news/jobs-report-set-to-be-released-days-before-election-abcid840384ac/