Key Takeaways:
- Job listings are likely to increase in September.
- The rising interest rates and inflated economy is causing distress for Americans.
- WageScape is predicting a nearly 9% increase in available jobs.
There has been a lot of conversation about whether or not the September labor market report is set to drop this Friday October 6, 2023. Rumors of a government shutdown have been ruminating which would have caused a blackout of economic data. Fortunately, it seems the report is still set to land tomorrow, and once again we are likely to hit a peak on the rollercoaster ride that is the American labor market.
According to the U.S. Labor Department’s job report for August 2023, employers added 187,000 new jobs and the unemployment rate was 3.8%.
WageScape data is predicting a 9% increase in the number of available jobs compared to August.
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