Boeing strike will dent last jobs report before election
Publishing timestamp: 2024-10-31 14:38:27
Summary
The U.S. Labor Department reported that about 44,000 U.S. workers were on strike during its employment survey earlier this month. Economists expect the U.S. to have added 100,000 jobs in October. Boeing's machinist strike is set to impact the last jobs report before the Nov. 5 election and Federal Reserve meeting. The company is also planning to cut 10% of its global workforce.
Sentiment: MIXED
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Source: https://www.cnbc.com/2024/10/31/boeing-strike-will-dent-last-jobs-report-before-election.html