Biden-Harris admin added only 12,000 jobs in October, lowest since December 2020

Numbers from the latest jobs report, and the final one before the election next week, has revealed that just 12,000 jobs were added in October.  

The Bureau of Labor Statistics reported that 52,000 jobs were added in health care and 40,000 were added in government jobs, while manufacturing jobs decreased by 46,000, including 44,000 in transportation equipment manufacturing that was "largely due to strike activity." According to CNBC, the strike referenced took place at Boeing. 

The 12,000 increase in nonfarm payrolls is far below the Dow Jones estimate for 100,000 added in the month. The October numbers are the smallest gain since December of 2020. 

The report noted that unemployment in October remained unchanged, at 4.1 percent, and the number of people unemployed was 7 million. This is up from October 2023, when the unemployment rate was 3.8 percent, and 6.4 million people were unemployed. 

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