Hurricanes cause rare monthly US job loss but rebound likely - Charleston Post Courier

Hurricanes cause rare monthly US job loss but rebound likelyCharleston Post CourierWASHINGTON — A pullback in U.S. hiring last month resulting from Hurricanes Harvey and Irma will likely prove short-lived, with a resilient job market pointing to gains in the coming months. The unemployment rate fell to a fresh 16-year low of 4.2 ...and more »

Good news in a bad jobs report: Wages going up - KRDO

KRDOGood news in a bad jobs report: Wages going upKRDONEW YORK (CNNMoney) - The September jobs report looks troubling at first glance, but there may be some really good news below the surface. The Bureau of Labor Statistics reported Friday that average hourly wages have grown by 2.9% over the past 12 ...and more »

Hurricanes take their toll on new construction, inventory - Inman.com

Hurricanes take their toll on new construction, inventoryInman.comThe Bureau of Labor Statistics (BLS) report for September has revealed that the real estate industry will have to wait a while longer for inventory relief. Summaries from July and August showed impressive growth in the residential construction sector ...and more »

Tutoring platform will help kids affected by hurricanes get back on track at school - Mashable

MashableTutoring platform will help kids affected by hurricanes get back on track at schoolMashableVolunteers and students from C.E. King High School help clean up after Hurricane Harvey on September 1, 2017, in Houston, Texas. Image: Getty Images. 2016%2f06%2f29%2fe7%2fhttpsd2mhye01h4nj2n.cloudfront.netmediazgkymde1lzex.c3dab ...and more »

Hurricane-Battered US Shed 33000 Jobs in September -- Update - Fox Business

Hurricane-Battered US Shed 33000 Jobs in September -- UpdateFox BusinessThe U.S. economy was nicked by two summer hurricanes in September but is showing signs of underlying strength. Continue Reading Below. The country shed 33,000 jobs in September, the first loss in seven years, the Labor Department said Friday, ending ...and more »

Where Did All the Restaurant Workers Go? - Bloomberg

BloombergWhere Did All the Restaurant Workers Go?BloombergThe latest jobs report shows that one sector accounted for all of September's losses. Not even two hurricanes can explain that. by. Justin Fox. @foxjust More stories by Justin Fox. October 6, 2017, 9:30 AM PDT October 6, 2017, 10:33 AM PDT. Tough business.and more »

September US payrolls contract in wake of Harvey, Irma - Channel NewsAsia

Channel NewsAsiaSeptember US payrolls contract in wake of Harvey, IrmaChannel NewsAsiaPayroll numbers for September 2017 sank far below the expectations of analysts, who had predicted the damage done by hurricanes Harvey (pictured here) and Irma would slow but not reverse job creation. (Photo: AFP/Mark Ralston). 07 Oct 2017 01:19AM ...and more »

US payrolls shrink in September after Hurricanes Harvey, Irma - Reuters

ReutersUS payrolls shrink in September after Hurricanes Harvey, IrmaReutersWASHINGTON (Reuters) - U.S. employment fell in September for the first time in seven years as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms undercut economic activity ...and more »

How Hurricanes Skewed September's Job Numbers - New York Times

New York TimesHow Hurricanes Skewed September's Job NumbersNew York TimesHurricane Irma destroyed many homes in Big Pine, Fla., last month. Hurricanes in Florida and Texas profoundly affected the ability of people to work, which was reflected in the latest jobs report. Credit Kevin Hagen for The New York Times. The United ...and more »

Why the jobs market is healthy despite September's losses - USA TODAY

USA TODAYWhy the jobs market is healthy despite September's lossesUSA TODAYThe September employment report showed the first U.S. payroll decline in seven years as employers shed 33,000 jobs. But economists are writing off the weak performance as a blip caused by Hurricanes Harvey and Irma, which devastated the Houston area ...and more »

Beneath Hurricane-Hit Payrolls, US Labor Market Shows Strength - Bloomberg

BloombergBeneath Hurricane-Hit Payrolls, US Labor Market Shows StrengthBloombergTwo major hurricanes knocked down payrolls in September, yet the U.S. labor market is holding up just fine. That's the broad message from employment figures released Friday by the Labor Department. Payrolls fell for the first time since 2010 ...and more »

Hurricane Irma prevented at least 1.5 million people from getting to work in September - MarketWatch

MarketWatchHurricane Irma prevented at least 1.5 million people from getting to work in SeptemberMarketWatchAll those people fleeing south Florida to escape Hurricane Irma was bound to depress the number of Americans who were at work in September. And it sure as heck did. The economy “lost” 33,000 jobs last month to mark the first decline since 2010, the ...and more »

Looking behind the numbers of the September jobs report - Atlanta Journal Constitution (blog)

Atlanta Journal Constitution (blog)Looking behind the numbers of the September jobs reportAtlanta Journal Constitution (blog)As the Labor Department reported that the U.S. economy lost 33,000 jobs in the month of the September – possibly due to the impact of Hurricane Harvey and Hurricane Irma – the numbers behind that new jobs report did not seem to indicate a broader ...and more »

Restaurants and hotels were the biggest job losers last month, thanks to hurricanes Harvey and Irma - CNBC

CNBCRestaurants and hotels were the biggest job losers last month, thanks to hurricanes Harvey and IrmaCNBCHurricanes pinched the latest monthly jobs report, and a closer look at where jobs were lost in September helps explain why. After a solid year of strong job reports growth, the government Friday said the U.S. payrolls shrank by 33,000 last month ...and more »

Employment Goes Negative In Month Fraught With Hurricanes - InsideSources

InsideSourcesEmployment Goes Negative In Month Fraught With HurricanesInsideSourcesThe economy saw job growth turn negative, likely due to the recent string of hurricanes, with the loss of 33,000 jobs in the month of September, detailed a federal report Friday. The labor market has improved greatly over the last two years following ...and more »

The US lost 33000 jobs in September, though the unemployment rate continues to decrease - Mic

MicThe US lost 33000 jobs in September, though the unemployment rate continues to decreaseMicA sign on a business reads, 'Closed for Harvey,' as people prepare for approaching Hurricane Harvey on Aug. 25 in Corpus Christi, Texas. Source: Joe Raedle/Getty Images. Alison Durkee. Published 10m ago on Oct. 6, 2017. by Alison Durkee. The number ...and more »

September 2017 Jobs Report: First Decline In Seven Years - FITSNews

FITSNewsSeptember 2017 Jobs Report: First Decline In Seven YearsFITSNewsThe American economy experienced a net loss in jobs for the first time in seven years last month, according to data released on Friday from the U.S. Bureau of Labor Statistics (BLS). Payrolls for the month of September fell by 33,000 – the first ...and more »

Why the jobs market is way better than the September report shows - CNBC

CNBCWhy the jobs market is way better than the September report showsCNBCThere's good reason to believe that when all is said and done, the jarring loss of 33,000 jobs for the month, as reflected in a BLS report Friday, will change significantly. A stunning 906,000 more people were at work in September than August. The ...and more »

US Unemployment Drops Slightly, but Economy Sheds Some Jobs - Voice of America

Voice of AmericaUS Unemployment Drops Slightly, but Economy Sheds Some JobsVoice of AmericaThe U.S. economy lost 33,000 jobs in September, reflecting the impact of hurricanes hitting Florida, Texas, Puerto Rico and other areas. Friday's report from the Labor Department also said the unemployment rate fell slightly to hit 4.2 percent, the ...and more »

33000 Jobs Shed in September after Hurricanes Harvey, Irma - ABA Banking Journal (blog)

33000 Jobs Shed in September after Hurricanes Harvey, IrmaABA Banking Journal (blog)Total nonfarm payroll employment fell by 33,000 in September, the first negative reading since September 2010, according to the Bureau of Labor Statistics. July's and August's figures were revised from 189,000 and 156,000 to 138,000 and 169,000, ...and more »