Labor Market Rebounds, Beating Expectations and Showcasing Resilience

While the labor market briefly bowed under pressure this summer, August’s jobs numbers have “rebounded in a big way,” as characterized by Realtor.com® Senior Economist Jake Krimmel. The latest Employment Situation Summary from the Bureau of Labor Statistics saw the U.S. add 162,000 jobs in August, with the unemployment rate unchanged at 4.1%. Employment specifically…
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