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☆ US economy added 336,000 jobs last month, almost twice what was expected
  + stars: | 2023-10-06 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +8 min
The US economy added an estimated 336,000 jobs last month, blowing expectations out of the water, according to Bureau of Labor Statistics data released Friday. In September, leisure and hospitality helped drive job growth higher, with 96,000 jobs added. Today’s headline jobs number — that surprising 336,000 net job gain — is an initial estimate that will be revised twice more. The surprising September jobs report, however, didn’t continue that streak. August’s second look has job growth now at 227,000 for the month, an increase of 40,000.
Persons: ”, Sung, Soh, Joe Biden, “, it’s, ” Biden, Andrew Patterson, ” Patterson, they’ve, Jim McCoy, we’re, ” Daniel Zhao, Glassdoor’s, ” Julia Pollak, didn’t, ” Diane Swonk, — CNN’s Tami Luhby Organizations: Minneapolis CNN, of Labor Statistics, Loyola Marymount University, SS Economics, BLS, Federal Reserve, Dow, Nasdaq, Bureau of Labor Statistics, Vanguard, Fed, Administration, Children, Families, Nationwide, Century, CNN Locations: Minneapolis, United States
☆ From teachers to waiters: The industries that haven’t bounced back from the pandemic
  + stars: | 2023-06-03 | by ( Elisabeth Buchwald | ) edition.cnn.com   time to read: +3 min
At the height of the pandemic, leisure and hospitality workers suffered the most layoffs across all industries as venues shuttered during lockdowns. Many of these workers found jobs working remotely for call centers and have stuck with the jobs ever since, he added. But within that industry, the bulk of the worker shortage is coming from public school teachers. There were 118,000 fewer public school teachers across the country last month compared to February 2020, according to Bureau of Labor Statistics data. Despite the shortage, public education jobs were much slower to raise wages than other industries, likely due to state and local budget constraints.
Persons: it’s, Jim McCoy, “, ” McCoy, “ We’re, that’s Organizations: New, New York CNN, Employers, Industries, of Labor Statistics, CNN Locations: New York, lockdowns
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