Final jobs report before the 2024 election: What to expect and what it means for the economy
The U.S. economy remains on solid footing.
The U.S. economy remains on solid footing.
But an expected drop in payroll figures as a result of two hurricanes and a nationwide strike could temporarily mask continued labor market growth that, especially in some swing states, has by some measures rarely been stronger.
The final pre-election edition of the closely watched monthly jobs report is set to be published Nov. 1, four days ahead of Election Day. All eyes are now on a handful of states expected to see razor-thin vote margins, likely to be determined by a small but crucial pool of persuadable voters.
Many of those voters have indicated that economic concerns remain top-of-mind issues.
How those voters casts their ballots may end up being influenced by a jobs report that could show weakness spurred by hurricanes Helene and Milton — as well as a strike among Boeing workers that has affected tens of thousands nationwide. Boeing machinists voted against a new labor deal Wednesday, extending their strike.
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