According to economists, the growth in jobs is expected to have slowed down in October compared to the previous month's outstanding performance. This decline can be attributed to a decrease in demand for hospitality workers and the impact of auto strikes on the manufacturing sector. Consensus expectations from FactSet indicate that the U.S. economy is forecasted to have added … [Read more...] about Jobs Growth Slows in October Amidst Declining Demand and Auto Strikes
Auto Strikes
Auto Strikes Cause Stock Market Struggles
Shares of industrial and transportation companies took a nosedive as auto strikes threatened to expand. The United Auto Workers union intensified its strike by targeting a Ford Motor factory in Chicago and a General Motors plant in Michigan. The reason behind the escalation is the lack of progress at the bargaining table. UAW President, Shawn Fain, spoke out during a livestream … [Read more...] about Auto Strikes Cause Stock Market Struggles
