US job creation in October showed just 12,000 jobs created against expectations of 100,000 and below the September number of 223,000. Safe to say the jobs created were well below even the widest of expectations. The miss shows further weakness in the US jobs market and thus puts up further evidence that the US economy is continuing to slow. Despite the number being disappointing there were a number of seasonal factors which served to disrupt the report such as hurricane Milton and Helene which were in full swing as the report was drawn thus making the numbers somewhat open to speculation but the trend remains to the downside.