October 2021 Jobs Report Reveals Hiring Surge – Daily Flash Briefing
The unemployment rate declined to 4.6%, the lowest since the COVID-19 pandemic began.
The unemployment rate declined to 4.6%, the lowest since the COVID-19 pandemic began.
Labor supply shortages and COVID-19 virus-related impacted job growth in September.
The August jobs report reveals that the U.S. economy added back jobs at a far slower pace, following an early-summer jump in employment.
Let's dive into three major themes we're seeing in the economy right now.
The April Jobs report was depressing. But the GDP still rose 6.4% in the first quarter. Hopefully May's report will be back on track.
The U.S. adds 916,000 jobs in March, unemployment falls to 6%.
The short answer is: It depends on who you ask.