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Where Hurricane Florence May Show Up in the September Jobs Report

by I'm Struggling
in News
Hurricane Florence appears unlikely to knock the labor market off course. While the storm caused flooding in the Carolinas last month, the hurricane’s effects may not be obvious in the most closely watched figures in the September jobs report—the unemployment rate and payroll change—to be released Friday by the Labor Department. That’s due to a combination of the storm’s timing and its effects being felt by a relatively small slice of the U.S. economy. Economists surveyed by The Wall Street Journal expect the unemployment rate to tick down to 3.8% in September and project U.S. employers added 180,000 jobs to […]