US Employment Stagnates in September, Signaling Weak Job Growth
TL;DR
Carlyle Group has released its own estimates indicating only 17,000 jobs were created in September, suggesting a weaker US labor market amid conflicting private data and a government shutdown that delayed official employment reports. Despite this, other economic indicators point to a resilient, though cooling, US economy, with broader inflation and GDP growth remaining stable. The discrepancy between employment data and other economic signals highlights uncertainty in the current economic outlook.
- Carlyle Unveils Proprietary Data Showing Weak US Employment Bloomberg.com
- America saw 'essentially no job growth' last month, warns Moody's, and any roles added were in three wealthy states Fortune
- The US economy lost 32,000 private-sector jobs in September CNN
- Report shows hiring at lowest since 2009 as economists turn to alternative data during shutdown blackout CNBC
- The US economy saw 'essentially no job growth' last month: Moody's Fox Business
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