The November 2024 Jobs Report showed that the U.S. economy added 227,000 nonfarm payroll jobs, surpassing market expectations of 200,000 (Trading Economics).

The US economy added only 12,000 jobs in October vs. the 100,000 estimate and the 194,000 12-month trailing average. This discrepancy largely illustrates the effects of hurricanes Helene and Milton and the ongoing strike at Boeing.   Although the Bureau of Labor Statistics (BLS) cannot estimate the impact of the hurricanes on this month's figures due to data limitations and survey disruptions, it does calculate a 44,000 job impact from labor strikes.