The disappointing August jobs report has economists scrambling for answers. With only 235,000 jobs added against a projected 750,000, the US economic recovery has stalled. Some wonder if the report is a harbinger of things to come or a Delta virus induced blip.
The US jobs report for the month of August has raised alarm bells. The economy only added 235,000 jobs against a projected 750,000. Economists believe the Delta variant’s late summer surge is the main culprit.