The Labor Department’s Bureau of Labor Statistics said Friday that nonfarm payrolls increased by 12,000 jobs last month after being revised down to 223,000 jobs in September.
Economists polled by Reuters had expected a rise in jobs in October of 113,000 jobs.
But the unemployment rate in US Despite this, it remained steady at 4.1 percent, ensuring that the labor market remains on solid ground.
Hurricane Helen struck the southeastern United States in late September, and Hurricane Milton struck Florida a week later.
A survey of employers for the purpose of preparing the October jobs report revealed that 41,400 new workers went on strike, including machinery maintenance workers at Boeing and Textron Aircraft Company.
The euro fell 0.12 percent against the dollar to $1.087, after falling by about 0.28 percent earlier in the session.
The dollar index, which measures the performance of the US currency against six major currencies, rose 0.07 percent to 103.95.
The Labor Department’s closely watched jobs report is the last major economic data before Americans head to the polls on Tuesday to choose between… Kamala Harristhe Democratic Vice President and the former Republican President Donald Trump.
Opinion polls indicate that the competition between them is very intense. The US Federal Reserve announces its decision regarding the interest rate two days after the elections.
The dollar is heading towards ending a series of losses that lasted for three sessions against the yen, rising 0.26 percent to 152.41, before a three-day weekend in Japan.
The British pound rose 0.55 percent to $1.29695 today, Friday, and is on track to end a five-week series of weekly losses against the dollar.
As for cryptocurrencies, Bitcoin, the largest cryptocurrency in the world by market value, rose by 1.5 percent during the day to $71,089.
