fromFortune
6 hours agoGovernment belatedly reveals loss of 105,000 jobs in October as full DOGE cutbacks come into view | Fortune
Both the October and November job creation numbers, released Tuesday by the Labor Department, came in late because of the 43-day federal government shutdown. The November job gains came in higher than the 40,000 economists had forecast. The October job losses were caused by a 162,000 drop in federal workers, many of whom resigned at the end of fiscal year 2025 on Sept. 30 under pressure from billionaire Elon Musk's purge of U.S. government payrolls.
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