Advertisement

US employment declines in September

US employment fell in September for the first time since 2010 as hurricanes Harvey and Irma took their toll on the jobs market.
 
The Labor Department said 33,000 jobs were lost amid a record drop in employment in the leisure and hospitality sector.
 
It blamed the two storms, which struck Texas and Florida in late August and early September, for the slide.
 
Economists had expected a rise of 90,000 jobs last month.
 
However, Harvey and Irma did not affect the unemployment rate, which slipped to 4.2 per cent - the lowest since February 2001.


comments powered by Disqus
More Stories
Most Popular
Powell returns to MVP
Former MP Marjorie Taylor is dead
One of the guns taken from 'Duppy Flim'...