The US labor market has seen a slowdown, with employers adding just 12,000 jobs in October. The unemployment rate remained at 4.1%, indicating a still-healthy job market. However, the report also showed that Hurricanes Helene and Milton, as well as strikes at Boeing and elsewhere, had a significant impact on job growth. Additionally, the government revised down its estimate of August and September's job gains by a combined 112,000.

Source: https://www.wionews.com/business-economy/us-employers-added-just-12000-jobs-in-october-unemployment-rate-remained-at-41-last-month-772680

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