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Jobs are predicted to increase in September by 153,000 as we foresee slowing job growth over the next six months.
Artificial intelligence stands to increase the need for workforce development.
Employment noticeably softened during the summer, averaging only 150,000 new jobs per month from June through August after averaging 238,000 from March to May of this year.
Job creation was strongest in the Education & Health Services and Government sectors.
Our staff economist, Phillip Sprehe, predicts an increase in jobs of 248,000 on June's labor market report from the Bureau of Labor Statistics.
Since 2019, Geographic Solutions' Apprenticeship Program has produced an 86% advancement rate.
Geographic Solutions’ data is signaling a slight uptick in the number of new jobs, even though job additions are expected to slow over the next several months.
From creating images that have been the source of joy for many, to helping humans reach space, these influencers helped shape the tech industry
Despite fluctuations among indicators pointing to a slower pace of job creation, initial estimates over the last three months have been remarkably locked in place with September reporting 263,000 initial new jobs, October reporting 261,000 initial new jobs, and November reporting 263,000 initial new jobs.
Geographic Solutions’ data is signaling a slowdown in job gains for November.