August 9, 2022



Disappointing August Employment Report Misses Projection by Half a Million Jobs



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.

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