The U.S. October "employment shock"...Candidates Crying and Laughing at Economic Indicators

[Anchor]
U.S. employment data showed the lowest increase in four years in October in the wake of hurricanes and strikes.As employment uncertainties widen

, attention is focusing on how it will affect the ultra-close U.S. presidential election.

This is correspondent Lee Seung-yoon's report from New York.

[Reporter]
New jobs in the U.S. were hit by a major hurricane that hit the continent last month with the smallest increase in jobs in about four years.

In October, nonfarm jobs in the U.S. were up just 12,000 from September.

The smallest increase in employment in three years and 10 months since December 2020, when employment plunged in the wake of the pandemic, was well below the 110,000 expert forecast.

Earlier in September, nonfarm jobs in the U.S. recorded a "employment surprise" above expectations.

However, it recorded a "employment shock" in a month, raising concerns about a slowdown in the job market and worsening economic conditions.

Former U.S. Republican presidential candidate Donald Trump has been on the offensive, saying Vice President Kamala Harris will ruin the economy.

[Donald Trump / Former U.S. President] Everyone knows that businesses will go abroad (if Harris is elected), but only Harris with low IQ doesn't know.]

Democratic candidate Vice President Harris countered with a pledge to revive the economy with middle-class tax cuts.

[CAMALA HARRIS / VICE PRESIDENT OF THE UNITED STATES] If elected, I will make a list of priorities and things to do for Americans.]

The U.S. Labor Department cautioned against an expanded interpretation of employment data in October, saying there were temporary factors such as hurricanes and strike action by aircraft maker Boeing.

[Julisu / Acting U.S. Secretary of Labor: Last month's employment data was affected by the devastating hurricanes that hit the Southeast for the second time in a row]

Meanwhile, economic indicators are mixed with optimism and pessimism, with U.S. private employment increasing by 230,000 in October and the U.S. economy's third-quarter growth rate of 2.8%.

As the presidential election is very close, both Harris and Trump are actively using it in their campaigns, crying and laughing at economic indicators.

I'm YTN's Lee Seungyoon from New York.

Filming
: The best is
Edit
video: Han Kyung-hee