374,000 jobs added in August, below expected number
374,000 jobs were added in August as compared to 330,000 in July. Although the numbers look high, the predicted number of jobs was 638,000 while the number of jobs actually added was 374,000. The service sector is responsible for a large number of jobs added. Data recovered from research conducted by ADP has shown the downfall shift in the labor market as opposed to the job growth seen during the first half of this year.
Research has concluded that the job growth is very much dependent on the pandemic, as the virus subsided there was subsequent job growth but as soon as the Delta variant took hold of the states, there was a dip as shown by the numbers. The pace of growth is not in line with the predicted level.
Source: U.S.News
Category
Employee Data Privacy
Workers' Compensation
Retaliation
Disability Accomodations
Overtime Eligibility &
Workplace Culture
Employment Offers
Payroll
Networking
Artificial Intelligence
Environmental Health Hazards
Firing
Labor Relations
Retirement & Recognitions
Unemployment Benefits
Policies & Practices
Time Worked
Intellectual Property
Educational Assistance
Onboarding
Gender Identity
Raise
Family & Medical Leave
Termination
HR Careers
Workplace Security
Business Acumen
Change Management
Campus Placement
Downsizing
Work Life Integration
Ethical Practice
Employment Contracts
Whistleblowing
Risk Management
Work Visas
Hiring
Social Media
Workplace Stories
HR Software
Benefits
Overtime Pay
Mental Health Benefits
Privacy
Wellness Benefits
Learning & Development
Employee Conduct
Employment Branding
Inclusion, Equity &
Job Descriptions
Tags
Article
Nursing Job Openings
It’s no secret that the healthcare sector has been reigning in all its powers over the years, parti ...
Why Work With Staffing Agencies To Hire Your Temporary Workers
Recruitment is getting more challenging day by day. Layers of complexities have emerged with the pa ...
Here Is How to Answer These 5 Tricky HR Questions
During an interview, you’re not only asked questions according to your credibility and qualificatio ...
Gig Economy and Its Impact on Staffing Firms
With over 20.5 million US workers losing their jobs in April 2020 during the national lockdown, man ...
Comments