Job growth weak
Data from the latest HLFS:
- Just 23,000 jobs created in the last year, or a 0.9% increase
- 6,000 more unemployed than a year ago
- Unemployment rate is 4.2%
Here’s the job growth for September years for the last few years:
- 2016: 135,000
- 2017: 88,000
- 2018: 60,000
- 2019: 23,000