Messy October jobs report muddied by strikes and storms ahead of Election Day [CNN]
NerdWallet, Inc. (NRDS)
Company Research
Source: CNN
• Friday's report is the last significant piece of economic data before Election Day in the US • The report was expected to be unusually volatile , with two major hurricanes and a large number of striking workers having a negative impact on the data. • The economy remains the top issue for the majority of voters, and Republicans could seize on the low headline number , while the more favorable data could benefit Vice President Kamala Harris Job openings are now back to pre-pandemic levels There were an estimated 7.4 million unfilled jobs on the last day of September, a drop from August's revised tally of 7.86 million openings , according to new data released Tuesday by the Bureau of Labor Statistics. The largest drop-offs in openings were in industries that have driven much of the job growth in recent years: health care and social assistance, and government, according to the report. Economists were expecting the number of job openings to land at around 7.9 million, declinin
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