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America’s employers added 661,000 jobs in September, the third straight month of slower hiring.
Employers added 1.4 million jobs, but that’s the fewest since the pandemic began.
Let’s do the numbers … but with more context.
Service-sector jobs are coming back, but professionals who’ve been working from home are facing layoffs.
Employment remains below pre-pandemic levels, and as recently reopened businesses re-close, more job losses are on the way.
The diffusion index, a measure of the breadth of job gains across industries, jumped for the second month in a row.
In other words, these June numbers might not tell the whole story as the U.S. sees unprecedented numbers of COVID-19 infections.
Marketplace host Kai Ryssdal spoke with former BLS Commissioner Erica Groshen about the “misclassification” error.
Chalk it up to parts of the economy reopening.
Businesses that received CARES Act loans had to rehire workers to have those loans forgiven. But what happens next for America’s job market?