After the disappointing October jobs report, former President Donald Trump’s campaign commented on the news, attributing the weak numbers to the Biden–Harris administration’s policies and suggesting it could signal more challenges ahead should Vice President Kamala Harris take leadership.
The U.S. economy created only 12,000 new jobs in October, far below the consensus estimate of 113,000.
Last month’s jobs report was the worst since December 2020, as several sectors shed thousands of jobs, including manufacturing (negative 46,0000), retail trade (negative 6,400), leisure and hospitality (negative 4,000), and transportation and warehousing (negative 3,700).
August and September employment gains were also revised down by a total of 112,000….