Insights and Perspective

 

Insights and Perspective

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Read the latest from Geographic Solutions.

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A welcome change from the previous two months, the expected job growth acceleration was somewhat higher than forecast by multiple outlets.

September 2021 Job Growth Hampered by Education

U.S. employment rose by 194,000 jobs in September while the unemployment rate dropped to 4.8%.

GSI Labor Market Forecast: September 2021

In September, we predict job growth of 461,000 jobs.

August 2021 Job Growth Weakened by Covid-19 Delta Variant

August's results are disappointing and appear to be chiefly driven by the spread of the Covid-19 delta variant.

July 2021 Job Growth Accelerates before Covid-19 Variant Takes Hold

While the results are impressive, hurdles lie ahead with the Covid-19 variant leading some states and localities to reinstate some restrictions on activity.

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The June labor market report will come as a relief to many after earlier lackluster growth, yet the U.S. employment level remains below its February 2020 total. Job creation was most pronounced in Leisure & Hospitality even as restaurants and hotels struggle to fill job openings.

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While strong job growth in March indicated the job market was about to take off, the last two months have had disappointing outcomes.

Encouraging Signs for Leisure and Hospitality Sector in February Jobs Report

Job market gains came from a strong performance in the Leisure & Hospitality sector in February that totaled 355,000 new jobs, an encouraging sign for the most beleaguered sector since the onset of the pandemic.