The Labor Department on Friday is expected to report the economy added 120,000 jobs in October, below the 148,000 recorded in September and the trend for months prior.
Unemployment should remain about 7.2 percent.
The government shutdown and uncertainty about its precise impact on the data cloud Bureau of Labor Statistics (BLS) estimates and forecasters' projections. However, a slowing economy is having a more significant, damaging effect on the jobs outlook.
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2 comments:
there has never been a recovery. 720000 left the job market. that is they gave up. this has nothing to do with the government shutdown. it has everything to do with obama
LOL. Now that every low incomer is being forced to get two 30 hour a week jobs, the rate is still not getting better!
Get it now? There are even more underemployed, and the "7%" ignorant number is a lie. There's more underemployed now than ever.
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