Hurricane Harvey and Irma left their mark on the land and in the economy. September job numbers fell below expectation with a loss of 33,000 jobs compared to the expected gain of 80,000 jobs. This is not as discouraging as it sounds as there were improvements in other areas. According to the Bureau of Labor Statistics' household survey from this article https://www.cnbc.com/2017/10/06/why-the-jobs-mark…. "A stunning 906,000 more people were at work in September than August. The total employment level showed 154.3 million Americans with jobs, easily a record." The article further mentioned how the US economy improved in other aspects.
Since we have negative job growth in the labor market this past month, does that really portray what is happening in the labor market? Should there be more importance on other metrics to represent the labor market than we currently have?
Ex excepturi nesciunt assumenda provident temporibus facere voluptatem. Veritatis provident quam consectetur voluptatem in sed. Illum odit necessitatibus et ad aut ad illo. Nisi mollitia consequatur omnis voluptas dolor rerum. Quo minima iusto voluptates quibusdam non illum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...