By the Numbers October 15, 2020
Heartbeats of the Economy Through the Lens of Talent Acquisition The Employment Situation — September 2020 The Numbers: Total non-farm employment rose by 661,000 in September Temporary help services rose by 8,100 The national unemployment rate declined, from 8.4% to 7.9% 13 of the 15 major industry groups gained jobs last month Leisure & Hospitality added 318,000 jobs Unemployment rate continues to decline as the number of job losers on temporary layoff continues to decline: 4.498 million in September from 6.160 million in August The number of “permanent job losers” continues to rise, to 3.756 million in September from 3.411 million in August Labor force decline in September to 160.143 million, it remains well below its January 2020 peak of 164.606 million Source: Bureau of Labor Statistics Forecasters Split on When U.S. Economy Will Return to Pre-Pandemic Levels The Numbers: According to its October report 38%, of the National Association for Business Economics report estimate [...]