US Job Growth Stalls in October Amid Economic Challenges

The US economy added only 12,000 jobs in October, affected by hurricanes and strikes, while inflation continues to decline.

The US unemployment rate remained steady at 4.1% despite the sluggish job growth.
Hurricanes and strikes were significant factors limiting job additions, with economists estimating up to 100,000 jobs impacted.
The Federal Reserve's inflation target is nearly achieved, paving the way for potential interest rate cuts.
Economic projections suggest a possible slowdown in 2025, impacting both the US and Mexico.
The US economy's recent growth rate of 2.8% underscores its resilience among advanced nations.