• SMU new site announcement banner
  • Skip to main content

    Economy

    Job Creation Faces Headwinds, Not Just Hurricanes

    Written by Peter Wright


    U.S. employment contracted in September, and there was more going on than just hurricanes.

    The Bureau of Labor Statistics (BLS) net job creation report released on Friday was very disappointing for more reasons than the impact of hurricanes, though they undoubtedly had a big effect. Net job creation in September was negative 33,000 positions. July was revised down by 51,000 and August was revised up by 13,000.

    Latest in Economy