The jobs report due on Friday should show employment continuing to rebound in August, but the ongoing weakness of demand in sectors like leisure and hospitality – which account for a higher share of employment than they do of broader economic activity – mean that the labour market recovery is likely to remain relatively underwhelming.

Read the publication Services weakness to weigh on employment on the Capital Economics Website.

For more info about this post:

View Source


Get notified when there is a new post. Read new post to earn 10 points!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Leave a Reply

Your email address will not be published. Required fields are marked *