Total nonfarm payroll employment was essentially unchanged in October (+12,000), and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported

BLS

There it is: Private Payrolls -28K, Exp. 70K

If it wasn't for government jobs, October would be the first negative payrolls month since December 2020

— zerohedge (@zerohedge) November 1, 2024

The private sector reported a net loss of 28,000 jobs in October, bringing the 3-month average down to 67,000 and the 6-month average to just under 101,000 jobs per month pic.twitter.com/LxLiHPSRAI

— Nick Timiraos (@NickTimiraos) November 1, 2024

BREAKING: The U.S. only added 12,000 jobs last month! The EST. was 100k.

August revised down by more than half the original reported number. September revised down by 31,000.

Biden-Harris admin always celebrate a big number... only to quietly revise it down nearly every month. pic.twitter.com/cVUL4ne7wv

— Andrew @ Don’t Walk, RUN! (@DontWalkRUN) November 1, 2024