Help wanted signs are still in store windows….
Jobless benefits application have risen…
With extra stimulus money gone?
Some people did not go back to lower paying jobs….
With some eviction ban’s gone some people just stopped paying rent to spend their money other places….
Virus collateral damage is a good part of things the experts say…..
(The Delta variant spike occurred early last month, but is now dropping)
People still do NOT eat inside as much as they did pre-pandemic…Less staff is needed….
Mandate ultimatums have resulted in people being laid off from their jobs…And a smaller hiring pool…
School districts back to ‘normal’ are not hiring more staff…
And travel is still nowhere near normal, but growing and the Holidays are coming….
And we’ve had several hurricane and wild fires here in America…..
All in All?
The jawboning about the growing economy?
Might leave some of us puzzled….
During more optimistic days, September was supposed to be a big month for the labor market, with widespread coronavirus vaccinations, falling caseloads and the return of normal functions like in-person schooling allowing the economy to rev back up. The country is still about 5 million jobs below where it was before the pandemic, and needs to gain back an even bigger number to stage a full recovery.
But the period leading up to the week the survey was taken, the week ending Sept. 12, was marked by a series of crises…
Weekly unemployment claims rose for three straight weeks, before falling last week. And restaurant reservations, which had begun returning to pre-pandemic levels according to data from Open Table, took a dive.
The modest gains for the month were driven by the leisure and hospitality sector, which added 74,000 jobs, particularly in arts, entertainment and recreation after hiring remained flat in restaurants and bars.
Professional and business services, like architectural and engineering services, technical consulting services and computer systems designs was up 60,000 for the month. Retail added 56,000 jobs, particularly in clothing and merchandise stores, and building and garden supply outposts….