Job Growth Could Cool Off in October After a Hot September

Published on October 29, 2024

News Analysis The Bureau of Labor Statistics (BLS) will release a monthly labor market report this Friday. The report will show that the U.S. labor market cooled off in October as job growth slowed, and unemployment and wage growth remained steady. That’s according to the consensus estimate among analysts compiled by Tradingeconomics.com. It says the U.S. economy added 123,000 jobs in October, down from 254,000 in September. The unemployment rate remained steady at 4.1 percent, and wages grew at an annual rate of 4 percent, in line with the September rise. One reason for this slowdown is the lagging effect of previous interest-rate hikes, which hurt cyclical industries, namely businesses that are more sensitive to changes in the larger economy....

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Department of State Daily Press Briefing (Oct. 29)

October 29, 2024
Department of State spokesperson Matthew Miller leads a press briefing at the Department of State at 1:15 p.m. ET on Oct. 29....

Quebec Politician Closes Riding Office Indefinitely Because of Threats to Safety

October 29, 2024
A legislature member with the Coalition Avenir Québec government is closing her riding office north of Montreal indefinitely because she fears for her safety and the safety of her employees.Sylvie D’Amours says that for years she and her team have been victims of threats and mischief, adding that most recently “projectiles” were fired through her riding office windows.There has been a notable rise