logo
welcome
MarketWatch

MarketWatch

October jobs report was a ‘head fake.’ Look at these numbers instead before Election Day.

MarketWatch
Summary
Nutrition label

86% Informative

The October jobs report was skewed by hurricanes and a strike at Boeing .

The increase in employment was the smallest since December 2020 .

The report landed just days before the election, just ahead of the Federal Reserve’s next interest-rate decision on Nov. 7 .

Markets had a rosy reaction to the report, with the major stock indexes rising more than 1% each.