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Stock impact report

October jobs report: Economy added 12K jobs amid storms, strikes; unemployment at 4.1% [USA TODAY]

Hilton Worldwide Holdings Inc. (HLT) 
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.hilton.com
Company Research Source: USA TODAY
and several worker strikes but the tally was far lower than expected and job gains for previous months were revised sharply downward, raising concerns about a weakening labor market. The report provides a final portrait of the economy just days before next week's historic election and key Federal Reserve meeting. But the temporary hurdles will likely make it challenging for Fed officials to get a reading of the labor market's underlying health, economists said. The unemployment rate held steady at 4.1%, the Labor Department said Friday. Before the report was released, economists surveyed by Bloomberg estimated that 105,000 job gains were added in October. Also worrisome: Payroll gains for August and September were revised down by a whopping 112,000. August's additions were downgraded from 159,000 to 78,000 and September's, from 254,000 to 223,000. Maximize your savings: Best high-yield savings accounts How did hurricanes affect the economy? Hurricanes Helene and Milton l Show less Read more
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