October 16, 2021

The Catholic Transcript

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Job creation in the United States is expected to accelerate in September after Reuters reduced epidemics

Job creation in the United States is expected to accelerate in September after Reuters reduced epidemics

© Reuters. Signing of hiring notice in New York 06/06/2021. REUTERS / Eduardo Munoz / File photo

By Lucia Hairy

WASHINGTON (Reuters) – The United States could accelerate a wave of epidemics in September. Govit-19 Summer began to dwindle, spurring the demand for contact-demanding services such as food from home, and began to reduce its monthly bond purchases.

The employment report released on Friday said the apparent sharp recession in economic activity in the third quarter was temporary. However, shortages of labor and raw materials control the labor market and the economy.

According to a Reuters poll of economists, 500,000 jobs were created last month and the employment level dropped to about 4.8 million jobs below its peak in February 2020.

Estimates range from 700,000 to 250,000 jobs. The economy created 235,000 jobs in August, the lowest number in seven months, employed in leisure and hospitality.

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