Economy Watch Weekly: Middling Month for Job Creation
- Sep 05, 2017
The U.S. economy created 156,000 jobs in August, below the average employment gains of 176,000 jobs per month this year, according to the Bureau of Labor Statistics. Despite the low growth, however, some sectors impacting the real estate industry experienced job creation, such as construction, professional and technical services, and health care. The bureau’s surveys were conducted prior to Hurricane Harvey, so the disasters impact on employment data was not included in its August report. Next month’s report may be a different story. Economy Editor Dees Stribling discusses the rest of the jobs numbers, for the week ending Sept. 1, 2017.