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by larkost 99 days ago
I can't find a reference for this, but listening to NPR this morning there was an offhand mention that last month there were significant strikes going on, and that those are now resolved, but showed up in the employment numbers for last month.

So that part could just be a blip. The rest seems on-trend.

2 comments

I read that temporary striking workers were considered a lost job and accounted for 30,000 of the jobs. Plus another 27,000 in health care from the loss of business due to the strike. And the federal government shed 10,000 jobs. That accounts for nearly half the job losses.
In a healthy economy there would be hiring in other industries, helping to offset those numbers.