US Labor Market Shows Signs of Sluggishness Amid Data Gaps and Declines
TL;DR Summary
Due to the federal government shutdown, the September US jobs report was not released, but estimates suggest a modest increase of 50,000 jobs with the unemployment rate steady at 4.3%. The labor market shows signs of weakness with slower job growth, declining construction jobs, and challenges for unemployed workers, though certain sectors like healthcare continue to add jobs. Overall, the data indicates a sluggish recovery with ongoing economic uncertainties.
Topics:business#economic-uncertainty#economy#employment-data#hiring-trends#jobs-report#us-labor-market
- Absent a jobs report, here are some other ways of looking at the US labor market CNN
- Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout CNBC
- Employer hiring plans at lowest level since 2009, new report shows The Hill
- With the US government dark, alternate sources show a sluggish September for jobs Reuters
- Which sectors laid off the most workers this year? marketplace.org
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