Economy
September 8, 2020
Net Job Creation: Employment Gains Slow in September
Written by Peter Wright
The September jobs report was released by the Bureau of Labor Statistics (BLS) on Friday and failed to meet the consensus expectation. September’s net gain was 661,000. The average monthly gain in the four months May through August was 2.7 million. In the September data, the July gain was revised up by 27,000 and August was revised up by 118,000. Of the job losses in March and April, 52 percent have now been recovered.
