Major Job Growth Did Not Occur the Way Economists Predicted

Though the unemployment rate in the U.S. dropped to 4.8%, better than the predicted 5.1%, the major job growth experts predicted did not occur. Economists estimated the country would add around 500,000 new jobs in September, once supplemental unemployment benefits and the evictions moratorium expired. In reality, the US saw an addition of only 194,000 jobs. Here locally Vesuvio’s Italian Restaurant, like other small business, has had a tough time hiring workers.

Author: Mike Jackson